💵 Tether has frozen a wallet that contained 3,497,207 USDT, according to PeckShield.

#Tether

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💵 Tether plans to invest $18.75 million in the cryptocurrency exchange XREX.

#Tether

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💵Tether Discontinuing Support for EOS and Algorand

‼️Tether has announced it will stop minting USDT on the EOS and Algorand blockchains today. Redemptions will continue for the next 12 months, after which further changes may be announced.

💎Tether aims to balance maintainability, usage, and community interest, focusing on enhancing security and efficiency.

💯The stablecoin will still be available on multiple blockchains, including Ethereum and Tron, which host the majority of the USDT supply.

#Tether #USDT #CryptoNews

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💎Philippines Adopts USDT on TON for Social Security Payments! 🇵🇭

➡️Tether has introduced a new crypto payment option in the Philippines, allowing citizens to pay their Social Security System (SSS) contributions in USDT.

💎This move, in partnership with Web3 shopping firm Uquid, simplifies and enhances payment processes using the TON blockchain.

ℹ️The SSS, a state-run social insurance program, serves employees in various sectors and aims to support citizens during tough times.

#TON #Tether #Philippines

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Tether Responds to $2.4 Billion Demand in Celsius Lawsuit 💥

‼️ Tether has issued a response to Celsius's $2.4 billion lawsuit, defending its stance. Celsius accuses Tether of failing to uphold commitments, leading to substantial financial losses. Tether refutes these claims, labeling them as baseless and emphasizing its dedication to transparency and stability.

💡 The outcome of this legal battle could have significant implications for both companies and the broader crypto ecosystem.

#Tether #Celsius #CryptoNews

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Tether Recovers $108.8M in USDT Linked to Illicit Activity Since 2014 🛡️

🔎 Since 2014, Tether has successfully redistributed $108.8 million in USDT that was involved in illicit activities. This effort underscores Tether's commitment to maintaining security and integrity in the stablecoin market.

💪 By taking swift action, Tether continues to reinforce trust and safety within the crypto ecosystem.

#Tether #USDT #CryptoSecurity

🤑Blum | 🎮Catizen | 🌐ByBit

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👀 Consumers Research: Tether Could Follow FTX's Fate

Consumers Research claims that Tether has not conducted an audit of its reserves, despite promising since 2017. The USDT stability rating from S&P Global is 4 out of 5, where "5" is the worst score.

🗣 Tether is accused of working with dangerous individuals and bypassing sanctions. There are concerns that the company could follow the fate of FTX.

🗣 Consumers Research sent a letter to US governors about Tether's lack of transparency and launched a website for details.

#Tether #Stablecoin #CryptoAlert

🤑Blum | 🎮Catizen | 🌐ByBit

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