Richard Heathcote, former Chief Investment Officer of Tether, is seeking to sell part of his 1.26% stake in the company through PJT Partners. This personal sale, approved by Tether, could provide insight into Tether's private market valuation, previously suggested at up to $50 billion. Tether remains dominant in stablecoins with $184 billion in circulation and a 59% market share, but faces regulatory challenges in Europe and the US. The sale's valuation will signal how investors view Tether's regulatory risks and growth prospects, influencing confidence in the broader stablecoin sector.
Tether plans to bring USDT back to Bitcoin using the RGB protocol, with UTEXO leading the rollout potentially starting in July 2026. This move revives USDT's original Bitcoin roots, offering native stablecoin transactions on Bitcoin's secure UTXO mod...
Richard Heathcote, former Chief Investment Officer of Tether, is looking to sell part of his 1.26% stake in the private stablecoin company. Working with PJT Partners, the sale could reveal Tether's private market value, potentially around $50 billion...
U.S. President Donald Trump expressed strong support for cryptocurrency, emphasizing the need for America to lead in digital assets to compete with China. He criticized previous regulatory approaches that hindered crypto industry growth. Meanwhile, s...
Tether has invested $20 million in Mercado Bitcoin, a leading regulated digital asset platform in Latin America serving 4.5 million customers. This investment aims to support Mercado Bitcoin's expansion in tokenized investments, payments, credit, and...
Richard Heathcote, the former chief investment officer of Tether, is looking to sell a portion of his 1.26% stake in the stablecoin issuer USDT. He is working with advisory firm PJT Partners to find potential buyers. Heathcote transitioned to a non-e...
