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Category: Tether

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Tether To Terminate Offshore Yuan (CNH₮) Operations – Here’s Why

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Stablecoin operator Tether has announced its decision to discontinue support for its offshore Chinese Yuan token CNH₮. The USDT operator has attributed this development to a lack of market demand, among other points. Related Reading: Stablecoin Yield ‘Effectively Off The Table’: White House Narrows Rewards Debate In Latest Meeting Tether To Terminate CNH₮ Redemption In […]
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Tether Mints Another 1B USDT – $7B in Stablecoins Issued Since The Crash

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Tether has just minted another 1 billion USDT, only hours ago, reigniting debate over stablecoin-driven liquidity flows across the crypto market. The mint comes at a crucial time — Bitcoin is struggling to reclaim higher levels after weeks of volatility, while altcoins continue to bleed as if a full-blown bear market were underway. These mints […]
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Tether And Circle Mint $4.5B In Stablecoins Since The Market Crash – Recovery Fuel?

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Tether (USDT) is back in the spotlight after minting another $1 billion in new tokens — just days after issuing $2 billion earlier this week. The timing has drawn attention from analysts and traders alike, as the market continues to recover from one of the sharpest sell-offs of the year. With Bitcoin struggling to hold […]
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Tether’s Uruguay Mining Operations Stall Due To $5-M Energy Debt — Details

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Tether’s expansion into Bitcoin mining in Uruguay has run into a major setback after the state-owned electricity provider UTE suspended service to the stablecoin operator’s two mining facilities over unpaid bills of roughly $5 million. The disruption, confirmed on July 25, 2025, comes only two years after Tether unveiled the Bitcoin mining project in the […]