Cash App adds ETH, SOL, XRP and USDT through MoonPay
With more than 50M users, Cash App is widening a mainstream crypto gateway while MoonPay provides the asset and wallet infrastructure.
Tether (USDT) is a fiat-backed stablecoin designed to maintain a value pegged to the U.S. dollar, functioning as a digital equivalent of fiat cash within cryptocurrency markets. It belongs to the broader category of USD stablecoins and is issued by Tether Limited, a company incorporated in Hong Kong and governed under the laws of the British Virgin Islands. Unlike volatile cryptocurrencies, each USDT token is intended to be backed by reserves of traditional currency held by the issuer, providing a stable on-chain representation of the dollar. USDT operates across numerous blockchain ecosystems, including Ethereum, Tron, Solana, Avalanche, Near Protocol, Celo, Tezos, Kaia, Aptos, TON, and Kava, which contributes to its wide accessibility. Its primary use case is serving as a liquidity bridge between fiat and digital assets, allowing traders to move in and out of positions on exchanges without relying directly on banking channels. Because of its stability and broad exchange support, USDT is widely used for trading pairs, cross-exchange transfers, and as a settlement asset in decentralized finance applications.
With more than 50M users, Cash App is widening a mainstream crypto gateway while MoonPay provides the asset and wallet infrastructure.
Ardoino pinned the multi-year wait on the prior US administration's crypto stance and Senator Warren's public criticism of Tether, framing the clean opinion as vindication after years of skepticism.
The split points to USDC's stronger role in consumer payment products, where settlement preference matters more than headline supply.
Washington's changed test raises the bar for USDT: reserve credibility now depends on audit-grade scrutiny, not only a point-in-time disclosure.
The reserve cushion strengthens USDT's backing signal, while the physical gold count gives regulators and counterparties a concrete verification point.
A state-owned bank would hold the keys, making custody, the $58,000 ceiling and compliance rules central to legal access.
The whitelist legitimises bitcoin, ether and USDT inside a formal Russian retail channel for the first time, but the per-intermediary cap structure leaves an obvious aggregation workaround for…
The proposal marks a sharp reversal from years of crypto hostility in Moscow, and would open one of the world's largest economies to regulated spot trading in the three most liquid digital assets.
The key test is whether swap flow can revive a loan book that has not grown in a year, while collateral suppliers remain exposed to depeg losses.
With the access method unresolved and roughly $972M already stolen across the sector by late July, the incident sharpens focus on exchange withdrawal controls.
The 2027 forecast extends brain-computer interfaces from neurological health into software development, putting Tether at the intersection of AI, venture capital and neurotechnology.
The Saudi landing gives Tether its first Middle East foothold and a Vision 2030-aligned partner stack to take Hadron beyond USDT into the broader RWA rails banks are scaling fast.
The 30-day no-liquidation window is the structural concession: standard crypto-backed loans routinely force-sell positions on short-term BTC volatility, and Binance is carving out retail-friendlier…
Tether keeps printing record operating profits while the equity cushion that backstops USDT shrinks, leaving $4.1B against $183.6B of liabilities and a treasury now heavy in gold and BTC.
The reserve drawdown and the profit cooldown are linked: Tether's BTC and gold positions have cooled as the same assets that fueled last year's record earnings drag on this year's mark-to-market.
The profit print alone would be a beat, but the gold buildout is the structural signal: Tether is now one of the largest private holders of physical bullion on the planet.
What stablecoin issuers must hold in backing assets, how the rules vary across jurisdictions, and why the composition of reserves now drives crypto market plumbing as much as the tokens themselves.
McInerney's 'not to pick winners' line keeps Visa neutral in a stablecoin race where it backs Open USD while USDC and USDT dominate settlement volumes.
Gold perps alone peaked at $7.77B in daily volume on Binance; the new European-style options, settled in USDT through ADGM-regulated Nest Exchange, layer on top of that demand with retail capped at…
Coinbase Institutional figures show entity-adjusted stablecoin volume running well above $1T a month while supply has only doubled since early 2024, a divergence that reframes the asset class as…
Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S.
Tether (USDT) is categorised as: Stablecoins, USD Stablecoin, Solana Ecosystem.
The official Tether site is https://tether.to/.
Most recent Tether coverage: "Cash App adds ETH, SOL, XRP and USDT through MoonPay" — read at /en-US/a/cash-app-adds-eth-sol-xrp-and-usdt-through-moonpay.