Tether
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X @Lookonchain
Lookonchain· 2026-02-04 16:42
Tether just minted 1B $USDT.Over the past 3 days, #Tether and #Circle have minted a total of $3B in stablecoins.https://t.co/kQwwZZJaDE https://t.co/hPcf2HyK7w ...
X @Whale Alert
Whale Alert· 2026-02-04 16:36
💵 💵 💵 💵 💵 💵 💵 💵 💵 💵 1,000,000,000 #USDT (999,250,000 USD) minted at Tether Treasuryhttps://t.co/oVDj06oHWC ...
Spanish lender BBVA joins EU banks' stablecoin venture to challenge digital dollars
Yahoo Finance· 2026-02-04 15:45
Group 1 - BBVA has joined Qivalis, a consortium of lenders aiming to introduce a regulated euro stablecoin to compete with the dominance of digital dollars [1] - The group now includes a dozen major EU banks, such as BNP Paribas, ING, and UniCredit, with BBVA's assets totaling $800 billion [1] - The project aims to create a token backed by established banks, providing an alternative to dollar-tied crypto-native stablecoins [2] Group 2 - Currently, only $860 million of the $300 billion stablecoin market is tied to the euro, with Tether and Circle Internet dominating the market with $185 billion and $70 billion respectively [2] - A euro-pegged coin would enable EU businesses and consumers to conduct blockchain-based payments in euros without relying on external financial systems [3] - Collaboration among banks is essential to establish common standards for the future banking model, as stated by BBVA's head of partnerships and innovation [3] Group 3 - BBVA's participation signifies the commitment of European banks to develop a European on-chain payment ecosystem based on trust [4] - Qivalis is seeking authorization from the Dutch central bank to operate as an electronic money institution, a necessary step under the EU's MiCA regulatory framework [4] - The project plans to launch the euro stablecoin in the second half of 2026 [5]
X @The Block
The Block· 2026-02-04 15:14
RT James Hunt (@humanjets)ICYMI: Here's a quick news recap from today's Asia & EMEA sessions @TheBlock__ 👇🐛 "A feature, not a bug": BitMine chair Tom Lee pushed back on claims that the Ethereum treasury firm's unrealized ETH losses will cap prices.📉 "This time is different": Bitcoin's continued sell-off is reviving four-year cycle fears, but K33's Vetle Lunde says another 80% decline is unlikely.💰 Ark Invest bought additional shares in BitMine, Bullish, Circle, and other crypto-related stocks during the ong ...
X @Decrypt
Decrypt· 2026-02-04 14:33
Tether Scales Back $20B Funding Push After Investor Resistance: Reporthttps://t.co/W8krXOULlr ...
Tether Scales Back $20B Funding Push After Investor Resistance: Report
Yahoo Finance· 2026-02-04 14:33
The world’s largest stablecoin issuer Tether has pulled back from earlier ambitions to raise as much as $20 billion in new funding after encountering investor resistance to its valuation. It comes roughly two months after Tether explored a raise to the tune of $15-$20 billion that would have placed it among the world’s most valuable private companies. Advisers have since discussed raising as little as $5 billion after pushback from investors, according to a Financial Times report on Wednesday. Tether Lau ...
X @BSCN
BSCN· 2026-02-04 10:50
🚨JUST IN: TETHER DROPS RAISE AFTER INVESTORS PUSH BACK AGAINST $500 BILLION VALUATION@tether of $USDT-fame, previously planned to raise $15-20 billion at an insane $500 billion valuation.However, this target has been dropped to just $5 billion after investors "balked" at the previous valuation.How much is Tether really worth? ...
X @The Block
The Block· 2026-02-04 10:31
Tether floats $5 billion raise after investor pushback on $500 billion valuation target: FT https://t.co/PmTbgaQtKI ...
Tether’s Fundraising Plans Quietly Collapse — Is the $500B Valuation Too Much?
Yahoo Finance· 2026-02-04 10:02
Key Takeaways Tether initially aimed to raise $15–20 billion in fresh capital while targeting a $500 billion valuation in 2025. A 23% drop in net profit to $10 billion, combined with rising investor caution, forced the firm to scale back its fundraising ambitions. The once-hyped fundraising quietly lost momentum and appears to have collapsed amid broader crypto market turmoil. Tether, issuer of the world’s largest stablecoin USDT, announced in September 2025 plans to raise $15–20 billion via a pr ...
Crypto crime-fighting startup TRM Labs notches $1 billion valuation with new $70 million funding round
Yahoo Finance· 2026-02-04 10:00
Core Insights - TRM Labs has established itself as a key player in blockchain analytics, gaining recognition from law enforcement and private companies for its software solutions [3][5][10] - The company recently secured $70 million in Series C funding, raising its valuation to $1 billion and positioning it among crypto unicorns [3][9] - TRM's growth strategy includes tracking multiple cryptocurrencies and leveraging AI to combat the increasing sophistication of cybercrime [2][11] Company Overview - TRM Labs was founded in 2018 by Esteban Castaño and Rahul Raina, who believed in the potential of digital assets for global money movement [4] - The company has a strong relationship with government agencies, including the IRS and FBI, which has sometimes led to tension with the broader crypto industry [6][7] - TRM's revenue has grown approximately 50% over the past four years, indicating resilience in a volatile market [9] Market Position - The crypto industry is currently facing challenges, with Bitcoin prices at a yearly low, but TRM is expected to thrive as tokenization becomes more mainstream [10] - Approximately 40% of TRM's customers are in the private sector, a segment that is expanding as financial organizations explore tokenized assets [10] - The company has a growing team of 350 employees, reflecting its ambition to dominate the blockchain analytics space [11] Technological Advancements - TRM has noted a 500% increase in AI-enabled scams and fraud, highlighting the need for advanced analytics tools in combating cybercrime [2] - The integration of AI into TRM's operations is crucial for managing the vast number of transactions in the crypto space [11] - The company has formed partnerships with entities like Tether and Tron to address illicit activities, showcasing its proactive approach to risk management [8]