The issuer of USDT, which reigns supreme in the stablecoin sector, earns the vast majority of its income by investing its reserves in fixed-income instruments.

The stablecoin provider will work with Phoenix Group to launch a token pegged to the United Arab Emirates Dirham (AED).

Tether said USDT transfers will have gas fees below $0.01.

Celsius is suing Tether over dispute on bitcoin collateral liquidation, demands $3.5 billion

The stablecoin issuer reported record-breaking profits, treasury bill ownership, and reserves.

Tether launched a gold-backed USD stablecoin demonstrating its forthcoming “Tethered asset” platform, Alloy.

Telegram users can now send and withdraw USDT for free.

Paolo Ardoino called it a ‘masterpiece’ but didn’t offer many details.

Representatives from Circle and Coinbase are requesting U.S. legislators to empower the Treasury Department to clamp down on USDT issuer Tether.

USDT breached $90 billion in market cap for the first time.