Revolut will remove Tether's USDT stablecoin from eligible European accounts by August 31, following the EU's new Markets in Crypto-Assets (MiCA) regulations. Users can buy USDT until July 6 and must sell, withdraw, or transfer their holdings by the end of August. This move reflects MiCA's licensing and compliance requirements, which USDT has not met. The delisting affects only European users under MiCA, while other regions remain unaffected. This regulatory shift highlights growing scrutiny on stablecoins and crypto platforms in Europe.
Tether AI released QVAC SDK 0.16, enhancing its on-device AI toolkit with new capabilities including image generation via Ideogram 4, synchronized video with audio through LTX-2, and local execution of NVIDIA's GR00T robotics model. These updates all...
Tether has accumulated 97,141 Bitcoin, valued at about $6 billion, making it the second-largest private corporate Bitcoin holder if it were public. This Bitcoin reserve is funded by allocating up to 15% of Tether's quarterly profits from its reserve ...
Tether's gold-backed digital token XAU₮ has received Shariah certification, enabling access to the growing Islamic finance market. Each token represents one ounce of physical gold stored in Swiss vaults and trades on Ethereum-based platforms. Abu Dha...
Houthi rebels attacked two Saudi oil tankers in the Red Sea, the first such strikes since 2019, causing Brent crude oil prices to surge over 7% and surpass $100 per barrel. This escalation follows the collapse of a truce between the Houthis and Saudi...
Tether, the largest stablecoin issuer, faces a $2.9 billion annual fee drain to blockchains it doesn't control, mainly Ethereum and Tron. To reclaim these fees, Tether supports two competing USDT blockchains: Plasma, a DeFi-focused chain with a nativ...
