JUST IN: Stablecoin issuer Tether now holds $135B in U.S. Treasuries, overtaking South Korea to become the 17th-largest holder. The move underscores growing demand for safe, liquid assets.
Tether releases an open-source wallet development kit to bolster global self-custody. The toolkit enables developers to build secure wallets, widening access to user-controlled digital asset storage.
Amid a ‘darkening’ global outlook, Tether CEO Paolo Ardoino says the firm will keep channeling a portion of profits into safe-haven assets like Bitcoin, positioning the strategy as prudent, long-term treasury management.
Reuters reports Tether plans to propose candidates for a Juventus board seat, marking the stablecoin firm’s intent to seek governance influence after taking a minority stake in the Serie A club.
Investors funneled $46 billion into stablecoins last quarter, reshaping crypto liquidity. Major issuers and institutional backers led inflows, as regulatory scrutiny and market demand guided allocations.
ASTER/USDT sits at a critical junction as its leading diagonal completes, testing support and momentum. Traders watch for a decisive breakout or reversal that could set the near-term directional bias.
ALICEUSDT is carving a long-term falling wedge, a classic reversal setup; breakout above the trendline with rising volume would confirm bullish momentum, targeting significant upside while risk management remains essential.
Tether has significantly bolstered its reserves by adding 8,888 BTC, valued at over $1 billion. This strategic move reinforces Tether’s liquidity and resilience amid market fluctuations, signaling growing confidence in the cryptocurrency space.
Tether’s mega fundraise attracts premier investors as the stablecoin issuer broadens strategy beyond yield income, targeting diversified asset ventures and enhanced liquidity to bolster long-term growth.
LTC/USDT 15-minute: price consolidates near the short-term moving average after a spike, RSI cools from overbought. Immediate support sits at the intraday low; resistance at the recent high-volume will confirm any breakout.