Video sharing platform Rumble has teamed up with Tether to help it add Bitcoin tips to content creators, expected to launch in early to mid-December. Video-sharing platform Rumble is preparing to roll out Bitcoin tipping for its more than 51 million monthly active users, the company’s CEO Chris Pavlovski announced on Friday. Rumble has teamed up with stablecoin issuer Tether to enable Bitcoin (BTC) tipping, Pavlovski said onstage at the Plan ₿ Forum in Lugano, Switzerland. Also onstage was Tether CEO Paolo Ardoino, who expects a full rollout by early to mid-December once small bugs are fixed and the UX is finessed. Read more
Video sharing platform Rumble has teamed up with Tether to help it add Bitcoin tips to content creators, expected to launch in early to mid-December. Video-sharing platform Rumble is preparing to roll out Bitcoin tipping for its more than 51 million monthly active users, the company’s CEO Chris Pavlovski announced on Friday. Rumble has teamed up with stablecoin issuer Tether to enable Bitcoin (BTC) tipping, Pavlovski said onstage at the Plan ₿ Forum in Lugano, Switzerland. Also onstage was Tether CEO Paolo Ardoino, who expects a full rollout by early to mid-December once small bugs are fixed and the UX is finessed. Read more
Tether projects $15 billion in profit for 2025, extending its dominance in the stablecoin market as investor interest and digital dollar adoption surge. Stablecoin issuer Tether expects 2025 to mark another record year for profitability, underscoring the company’s powerful business model as global adoption of digital dollars continues to accelerate. According to Bloomberg, the El Salvador–based company projects approximately $15 billion in profit for 2025 — up from $13 billion in 2024. This growth further cements Tether’s position as one of the most profitable companies in the world on a per-employee basis. Tether’s success, driven by the dominance of its USDt (USDT) token, the world’s largest stablecoin with nearly $186 billion in circulation, has drawn significant attention from investors. Read more
Tether projects $15 billion in profit for 2025, extending its dominance in the stablecoin market as investor interest and digital dollar adoption surge. Stablecoin issuer Tether expects 2025 to mark another record year for profitability, underscoring the company’s powerful business model as global adoption of digital dollars continues to accelerate. According to Bloomberg, the El Salvador–based company projects approximately $15 billion in profit for 2025 — up from $13 billion in 2024. This growth further cements Tether’s position as one of the most profitable companies in the world on a per-employee basis. Tether’s success, driven by the dominance of its USDt (USDT) token, the world’s largest stablecoin with nearly $186 billion in circulation, has drawn significant attention from investors. Read more
Tether has notched its 500 millionth user of its USDT stablecoin, an achievement its CEO Paolo Ardoino said is “likely the biggest financial inclusion achievement in history.” US dollar-pegged stablecoin Tether hit its 500 millionth user on Tuesday, offering a means to transact and save for those who have been excluded by the traditional banking system. “Likely the biggest financial inclusion achievement in history,” Tetherj CEO Paolo Ardoino wrote in a post on X. Tether said the figure represents 500 million “real people,” not simply Tether (USDT) wallets, suggesting its stablecoin has now been used by around 6.25% of the world’s population. Read more
The stablecoin issuer confirmed reports that it would nominate members to the football club’s board of directors about eight months after its initial investment. About two weeks after reports suggested that stablecoin issuer Tether would be pitching its own names to fill the board for Italian football club Juventus, the company announced two picks: its own deputy chief investment officer and a medical doctor. In a Thursday notice, Tether said it had nominated its deputy CIO, Zachary Lyons, and an orthodontist and “lifelong Juventus supporter,” Francesco Garino, to the football club’s board of directors. The stablecoin company holds a 10.7% stake in Juventus after investments in February and April. “Since announcing our investment in the Club, Tether has listened carefully to the voices of fans from Italy and across the whole world, receiving invaluable suggestions, feedback, and calls for deeper engagement,” Tether said in the announcement. Read more
Tether’s $299.5 million Celsius settlement could ignite a debate over stablecoin accountability and the legal risks facing issuers in future crypto bankruptcies. Stablecoin issuer Tether has agreed to pay $299.5 million to the Celsius Network bankruptcy estate, resolving claims tied to the crypto lender’s 2022 collapse and potentially opening a new chapter in the debate over stablecoin liability. The Blockchain Recovery Investment Consortium (BRIC) — a joint venture between asset manager VanEck and GXD Labs, an affiliate of Atlas Grove Partners — announced the settlement on Tuesday. The recovery concludes a years-long dispute over Bitcoin (BTC) collateral transfers and liquidations that preceded Celsius’s high-profile bankruptcy in July 2022. BRIC was formed in early 2023 to help maximize creditor recoveries from bankrupt digital-asset platforms. It was appointed asset recovery manager and litigation administrator by the Celsius Debtors and the Unsecured Creditors’ Committee in January 2024, after the company...
Bitcoin tops $126,000 as Strategy’s BTC hoard swells; ICE backs Polymarket; Rezolve AI buys Smartpay; Plume gains SEC transfer-agent status. Big Tech companies that once dismissed Bitcoin (BTC) as a balance sheet asset are now watching Strategy, led by Executive Chairman Michael Saylor, amass a digital asset treasury approaching the size of their own cash piles. The surge comes as Bitcoin hit a new all-time high above $126,000 this week, driven by investor demand for hard assets seen as hedges against US dollar debasement — a narrative increasingly likened to gold. However, Bitcoin isn’t the only corner of crypto attracting major institutional money. The Intercontinental Exchange (ICE) has invested $2 billion in Polymarket, a decentralized prediction platform, valuing the firm at roughly $9 billion. The move signals growing convergence between traditional finance and decentralized blockchain infrastructure, as institutions explore tokenized markets and real-world event forecasting. Meanwhile, Tether is back i...
The stablecoin issuer reportedly capitalized on its initial investments in February and April to weigh in on who should comprise the Italian football club's board. Stablecoin issuer Tether will reportedly pitch its own list of board candidates and “governance changes” for Juventus, a football club based in Italy in which the company has a 10.7% stake. According to a Monday Reuters report, Tether’s suggestions for the football club’s board will come ahead of a Nov. 7 shareholder meeting, and it will also contribute about $129 million as part of a capital increase in Juventus. The stablecoin issuer initially invested in Juventus in February, increasing its stake to more than 10% in April as part of a “commitment to innovation and long-term collaboration,” according to CEO Paolo Ardoino. The football club’s board has been no stranger to controversy in past years. Every member resigned in November 2022 amid allegations of financial fraud involving players’ salaries. Former Juventus board Chair Andrea Agnelli and ...
SoftBank and ARK are reportedly eyeing an investment in Tether, a move that could value the stablecoin issuer at up to $500 billion as it diversifies beyond USDT. At least two high-profile investment companies are reportedly vying to back stablecoin issuer Tether as it looks to sell roughly 3% of its equity — a move that underscores pent-up investor demand for one of the world’s most profitable companies. According to Bloomberg, venture capital giants SoftBank Group and ARK Investment Management are among potential investors considering a combined investment of up to $20 billion in Tether. As Cointelegraph reported this week, if successful, the funding round could value the company at up to $500 billion, placing it among the world’s most valuable private enterprises. Read more
Tether is reportedly eyeing up to a $500 billion valuation, which would rank the stablecoin issuer among the world’s most valuable companies. Stablecoin giant Tether Holdings is reportedly exploring a fundraising round of up to $20 billion that would value the company at about $500 billion — putting it in the ranks of the world’s most valuable private entities. Bloomberg, citing people familiar with the matter, said Tether is considering raising between $15 billion and $20 billion in exchange for about a 3% stake through a private placement, with Cantor Fitzgerald acting as lead adviser. One source reportedly cautioned that the final amount could be significantly lower, as discussions remain preliminary. Read more
Tether said reports that it has exited Uruguay “do not accurately reflect the situation” and the local mining operator is working with the government to “resolve friction.” Stablecoin issuer Tether has denied widespread local media reports that it is exiting Uruguay over a $4.8 million debt dispute with one of the country’s state-owned electricity entities. According to local news source Telemundo, Tether abandoned its crypto mining operations and future plans after the National Administration of Power Plants and Electric Transmissions (UTE) unplugged power at its facilities for failing to pay a $2 million electricity bill for May. It also reported that Tether also owed around $2.8 million for other local projects, bringing its total liabilities to roughly $4.8 million, excluding fines and surcharges, Telemundo said on Saturday, citing fellow local news outlet Busqueda, which first reported the news two days earlier. Read more
Tether is now being accepted for payments at Toyota, Yamaha and BYD in Bolivia as businesses increasingly turn to stablecoins to navigate the country’s US dollar shortage. Three major international vehicle manufacturers have started accepting a Tether in Bolivia to navigate its collapsing US dollar reserves, marking a major step in the Latin American country’s crypto adoption. Tether CEO Paolo Ardoino shared that Toyota, Yamaha, and BYD are taking Tether (USDT) for payment on Sunday, while crypto security firm BitGo confirmed the first Toyota was purchased in Bolivia with USDT on Saturday. Pictures shared by Ardoino show a dealership displaying signs that advertise USDT as an “easy, fast, and safe” payment option for car purchases. Read more