Paolo Ardoino, CEO of stablecoin issuer Tether, said in a social media post that Tether's holdings of U.S. Treasury bonds have surpassed those of Germany and will soon surpass those of South Korea.
On April 24th, according to the official announcement, Tether Investments announced that the company increased its stake in Juventus Football Club S.p.A. on April 15, 2025, bringing its total shareholding ratio to more than 10.12% of the issued share capital and 6.18% of the voting rights. This strategic move follows Tether's initial acquisition of 8.2% of the club's issued share capital (with just over 5% of the voting rights). As a further demonstration of its long-term commitment, Tether is a...
Stablecoin issuer Tether invested $2 million in Arcanum Capital's Arcanum Emerging Technologies Fund II, a tokenized investment vehicle specializing in decentralized Web3 projects. James McDowall, managing partner of Arcanum Capital, said the fund invests in blockchain technology to enhance remittances, cross-border transfers, privacy and provide banking services to the unbanked. Paolo Ardoino, CEO of Tether, said that anti-censorship and promoting open communication are the main priorities for ...
Consumers' Protection, a California-based nonprofit, has launched a multimillion-dollar advertising campaign questioning the business conduct of the Tether stablecoin. The campaign, promoted through TV ads and billboards, questions whether Tether will become the next FTX and points to the risk that its reserves are unaudited. Consumers' Protection will set up digital billboards in New York's Times Square and use mobile billboards in New York and Washington DC. Executive director Will Hild said c...