In an X post, Kobeissi Letter noted that Tether’s gold holdings hit a record $12.9 billion in September, equal to 104 tons of actual gold. The value has more than doubled since the start of the year.

Asset management firm Ark Invest recently expressed a bullish view on the future of real-world asset (RWA) tokenization and its potential impact on the broader digital assets industry. Tether, the ...

Forbes contributors publish independent expert analyses and insights. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) introduced the Payment Stablecoin Act of 2024 on April 17.

Tether, the issuer of the world’s largest stablecoin, USDT (CRYPTO:USDT), has deepened its push into precious metals with a $100 million investment in Canadian gold royalty company Elemental Altus ...

Tether’s lack of third-party audits is raising investor concerns about a potential FTX-like liquidity crisis from the $118 billion stablecoin giant. Investor concerns are mounting around Tether, the ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Tether (USDT) is a popular stablecoin in the crypto ...