Bitso Business, an arm of the Mexican crypto exchange Bitso, will launch a Mexican peso-pegged stablecoin on the Ethereum layer-2 network Arbitrum.The stablecoin, MXNB, will be issued and managed by Bitso’s newly established...
Coinspeaker
Tether Pivots to AI via Strategic Investment into Northern Data Group
Following the strategic investment, Northern Data Group is set to become the biggest independent artificial intelligence firm in the European market.
Tether Pivots to...
Tether has turned its focus to the Bahamas-based
Britannia Bank & Trust for processing dollar transfers. This step occurs as
the traditional US banks cut ties with the cryptocurrency entities. In the
past, Tether has faced questions regarding...
The total assets under Tether stand at $86.1 billion with total liabilities amounting to $82.8 billion — thus confirming a reserve backing of over 100%.
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