Workflow
Tether
icon
Search documents
Tether leads $8 million investment in Speed to push USDT further into everyday payments
Yahoo Finance· 2025-12-16 16:17
Core Insights - Tether has made an $8 million strategic investment in Speed, a payments infrastructure company that integrates Bitcoin's Lightning Network with stablecoin settlement for real-time money transfers [1][2] - Speed processes over $1.5 billion in annual payment volume and serves approximately 1.2 million users and businesses through its wallet and merchant products [1] - The investment aims to enhance Bitcoin-aligned financial infrastructure and broaden the use of USDT beyond trading [2] Group 1 - Speed's system utilizes the Lightning Network for fast payments while allowing settlement in USDT for users seeking predictable values [2] - Tether's CEO emphasized that Speed demonstrates the capability of Lightning networks to support real commerce when combined with a stable digital dollar [2] - Speed's CEO highlighted the transition of crypto from speculation to practical use, emphasizing the combination of speed from Lightning and universal access from stablecoins [3] Group 2 - Tether has been actively investing its substantial profits across various sectors, including a majority stake in Latin American agricultural firm Adecoagro, a privacy-focused health app, and a stake in video-sharing platform Rumble [3] - The company reported over $10 billion in profit during the first nine months of the year, primarily driven by interest on U.S. Treasury holdings backing USDT [4]
X @Wu Blockchain
Wu Blockchain· 2025-12-16 15:57
Funding & Investment - Tether led an $8 million funding round in Speed1 [1] - Ego death capital also participated in the funding round [1] Technology & Infrastructure - Speed1 is building instant global settlement rails based on the Bitcoin Lightning Network [1] - The platform supports native BTC and USDT settlement [1]
Tether Invests $8M in Speed to Scale Lightning-Based Stablecoin Payments
Yahoo Finance· 2025-12-16 14:14
Core Insights - Tether has led an $8 million investment in Speed1, Inc., a company focused on building global payment infrastructure using the Bitcoin Lightning Network and stablecoins [1] - The investment aims to expand real-world payment use cases for USDT and support Bitcoin-native financial infrastructure [1][5] Investment Details - The funding round included participation from Ego Death Capital and is part of Tether's strategy to enhance Bitcoin-aligned financial infrastructure [1][5] - The investment will support Speed's product development and global expansion efforts [2] Company Performance - Speed processes over $1.5 billion in annualized payment volume, serving approximately 1.2 million users and businesses [3] - Core products include Speed Wallet and Speed Merchant, which offer instant payments and settlement options in Bitcoin and USDT [3] Infrastructure and Functionality - Speed's infrastructure acts as a bridge between Bitcoin-native networks and practical payment needs, particularly for cross-border transactions and merchant settlements [4] - The integration of stablecoins with Lightning allows users to choose between volatility exposure and price-stable settlement [4] Strategic Alignment - Tether's investment supports the utility of USDT beyond trading, focusing on everyday payments and compliance [5] - The architecture of Speed demonstrates the potential for Lightning and stablecoins to operate together effectively, providing low fees and global reach [5] Vision for the Future - Speed aims to transition crypto from speculative use cases to functional global payments, leveraging Lightning for transaction speed and stablecoins for predictable value [6][7] - The platform is designed to support a wide range of users, including consumers, creators, and merchants, at scale [7]
Trump's SECRET CRYPTO Plans EXPOSED!!
Coin Bureau· 2025-12-16 14:00
Crypto and US Dollar Strategy - The Trump administration's crypto strategy may aim to strengthen the US dollar by expanding its reach in the digital economy through dollar-backed stablecoins [1] - World Liberty Financial (WLFI), co-founded by Trump's sons, is driving this initiative with its USD1 stablecoin, which is backed one-to-one by US treasuries, dollar deposits, and cash equivalents [1] - USD1 offers regulatory certainty as a US-compliant stablecoin, potentially attracting institutions and individual investors [1] - Stablecoins like Tether (USDT) and Circle (USDC) already significantly support the US dollar by holding large amounts of treasury bills [1] - 80% of all stablecoin transactions occur outside the US, effectively increasing the demand for dollars globally [1] - The Genius Act, signed into law in July 2025, sets strict rules for stablecoin issuers, requiring them to be backed by US dollars, cash equivalents, or short-term US treasuries, further supporting the US dollar [22][23] Controversies and Conflicts of Interest - MGX, a UAE-based investment fund, invested $2 billion in Binance using USD1, significantly boosting USD1's market cap [4] - A Trump-controlled entity owns about 38% of World Liberty Financial, raising conflict of interest concerns due to the potential profits generated from USD1's yield [6][7] - Critics argue that the deal invites foreign influence, as foreign parties could potentially buy favor with Trump through investments in World Liberty Financial [15] - Allegations arose that Binance helped write USD1's smart contract code and that CZ sought a presidential pardon from Trump, although both parties denied any quid pro quo [12][13][14]
X @BSCN
BSCN· 2025-12-15 23:50
RT BSCN (@BSCNews)🚨 Tether, the issuer of $USDT, made a bold $1+ billion bid to buy top Football club, @juventusfcenBut according to reports, its huge offer was publicly denied by the club's owner."Values are not for sale", said the club's owner's CEO.But why did @Tether_to want to buy the club anyway? And why was the club so against it?We've put together the details for you here ⬇️https://t.co/E9BPQhB7g3 ...
Stablecoin Market Cap Nears $310B at Record Highs Despite Crypto Crash
Yahoo Finance· 2025-12-15 19:16
Stablecoin total market capitalization now approaches the $310 billion mark, reaching another all-time high despite poor market conditions as cryptocurrency prices crash and hundreds of millions of dollars are liquidated from leveraged positions in a long squeeze. Coinspeaker retrieved data from DefiLlama on December 15 that shows a $309.83 billion market cap for stablecoins, up 0.44% in the last 24 hours and marking record high levels. Tether dollar-pegged token is the leading stablecoin, dominating 60% ...
X @Decrypt
Decrypt· 2025-12-15 18:55
Shares in Italian soccer club Juventus are up 17% after its majority owner spurned an all-cash offer from stablecoin issuer Tether. https://t.co/L6OBPRx5XK ...
X @Decrypt
Decrypt· 2025-12-15 16:56
Juventus Owner Rejects Tether's $1.2 Billion Acquisition Offer, Sending Team's Stock Soaring► https://t.co/JkLeBqVHrr https://t.co/JkLeBqVHrr ...
Juventus Owner Rejects Tether's $1.2 Billion Acquisition Offer, Sending Team's Stock Soaring
Yahoo Finance· 2025-12-15 16:55
Group 1 - Shares in Juventus rose over 17% after Exor rejected Tether's all-cash offer valued at €2.66 ($3.13) per share, which was approximately 21% higher than the previous closing price [1][2] - Exor's Board of Directors unanimously rejected Tether's unsolicited proposal, reaffirming its intention not to sell any shares of Juventus to third parties, including Tether [2] - Juventus' current market capitalization is around €924 million ($1.08 billion), with shares trading at €2.56 ($3.01) at the close of European markets [2] Group 2 - Juventus last won a Serie A title in the 2019-2020 season, and it is uncertain if Tether will make a new bid after the initial offer was rejected [3] - Tether has been actively investing, participating in an $81 million seed round for an Italian robotics firm and increasing its stake in Rumble to around $679 million [4] - Tether is reportedly seeking to raise around $20 billion at a $500 billion valuation as the stablecoin market continues to grow [4]
X @BSCN
BSCN· 2025-12-15 16:50
RT BSCN (@BSCNews)🚨 Tether, the issuer of $USDT, made a bold $1+ billion bid to buy top Football club, @juventusfcenBut according to reports, its huge offer was publicly denied by the club's owner."Values are not for sale", said the club's owner's CEO.But why did @Tether_to want to buy the club anyway? And why was the club so against it?We've put together the details for you here ⬇️https://t.co/E9BPQhB7g3 ...