Tether Investments participated in a US$134 million personal placement for Stablecoin Improvement Company (NYSE: SDEV), alongside R01 Fund LP and Framework Ventures. SDEV holds 2.15 billion SKY governance tokens, 9.15% of Sky Protocol’s whole provide, and operates throughout the DeFi ecosystem constructed round Sky’s USDS stablecoin. Tether CEO Paolo ArdoinoContinue Reading

A Tether stablecoin has lastly been licensed by a Large 4 accounting agency — nevertheless it’s for its recently-launched USA₮ coin, a dollar-pegged stablecoin issued by Anchorage Digital financial institution. The reserve holdings attestation was delivered by Deloitte, confirming the stablecoin has enough reserves for USA₮, which was particularly designedContinue Reading