Binance Square
#tether

tether

4.9M views
7,646 Discussing
Scarlet Sapphire
·
--
Senator Blumenthal is demanding transparency from Tether regarding payments made to a firm linked to a former White House crypto adviser. This development adds significant political pressure to the stablecoin giant at a time when US regulators are increasingly focused on the intersection of crypto and government influence. Traders should watch for potential regulatory fallout or increased oversight regarding Tether's operations and political connections. #Tether #USPolitics ⠀
Senator Blumenthal is demanding transparency from Tether regarding payments made to a firm linked to a former White House crypto adviser. This development adds significant political pressure to the stablecoin giant at a time when US regulators are increasingly focused on the intersection of crypto and government influence. Traders should watch for potential regulatory fallout or increased oversight regarding Tether's operations and political connections.

#Tether #USPolitics ⠀
⚖️ $USDT | USDT at $0.9991: a 0.09% wobble worth debating, or just noise? At the 2026-10-23 17:15 UTC snapshot, Tether traded at $0.9991, a deviation of -0.09% from the assumed USD 1.00 peg, with a 24h change of -0.0% and a market cap of $182.6 billion on $43.8 billion in volume. One reading treats such a small gap as routine friction for a token this size, well within normal trading noise. The other asks whether any measurable deviation in the largest stablecoin deserves attention, since the peg is the product and reserves and redemption design are what stand behind it. Both readings rest on the same figures; the disagreement is about how much weight a fraction of a cent should carry. Why it matters: For a stablecoin, the peg is the product, so even a -0.09% deviation invites scrutiny of reserves and redemption design rather than price direction. 💬 Should a -0.09% deviation from the peg be treated as routine noise or as a signal worth scrutinizing in a stablecoin this large? Source: Official site https://tether.to/ #Tether #Stablecoins
⚖️ $USDT | USDT at $0.9991: a 0.09% wobble worth debating, or just noise?

At the 2026-10-23 17:15 UTC snapshot, Tether traded at $0.9991, a deviation of -0.09% from the assumed USD 1.00 peg, with a 24h change of -0.0% and a market cap of $182.6 billion on $43.8 billion in volume. One reading treats such a small gap as routine friction for a token this size, well within normal trading noise. The other asks whether any measurable deviation in the largest stablecoin deserves attention, since the peg is the product and reserves and redemption design are what stand behind it. Both readings rest on the same figures; the disagreement is about how much weight a fraction of a cent should carry.

Why it matters: For a stablecoin, the peg is the product, so even a -0.09% deviation invites scrutiny of reserves and redemption design rather than price direction.

💬 Should a -0.09% deviation from the peg be treated as routine noise or as a signal worth scrutinizing in a stablecoin this large?

Source: Official site https://tether.to/

#Tether #Stablecoins
·
--
Bearish
$USDT Dominance at Resistance — Can Crypto Get a Short-Term Relief Bounce? USDT Dominance is now trading inside the Resistance Zone (6.72%-6.87%) and close to the key 6.77% level. My short-term roadmap is for USDT.D to first move lower toward the Support Zone (6.64%-6.68%). If that happens, Bitcoin and Ethereum could receive some temporary support as pressure across the crypto market eases. But 6.77% remains the key level. For broader selling pressure across crypto to strengthen again, I would want to see at least a 1-hour candle close above 6.77%. So for now, the story is simple: Reject 6.77% → Crypto could recover short term Close above 6.77% → Risk of another bearish move increases What comes first? 🟢 Correction toward (6.64%-6.68%) 🔴 Break and hold above 6.77% #Tether
$USDT Dominance at Resistance — Can Crypto Get a Short-Term Relief Bounce?

USDT Dominance is now trading inside the Resistance Zone (6.72%-6.87%) and close to the key 6.77% level.

My short-term roadmap is for USDT.D to first move lower toward the Support Zone (6.64%-6.68%).

If that happens, Bitcoin and Ethereum could receive some temporary support as pressure across the crypto market eases.

But 6.77% remains the key level.

For broader selling pressure across crypto to strengthen again, I would want to see at least a 1-hour candle close above 6.77%.

So for now, the story is simple:

Reject 6.77% → Crypto could recover short term
Close above 6.77% → Risk of another bearish move increases

What comes first?

🟢 Correction toward (6.64%-6.68%)
🔴 Break and hold above 6.77%

#Tether
Tether ($USDT) USDT is the most used stablecoin and acts as the safe zone in the crypto market. While it doesn’t offer big price gains like other coins, its role in providing liquidity and stability remains extremely important. As crypto trading volume grows worldwide, demand for $USDT will likely stay strong. It is the bridge that keeps the market moving. #USDT #Tether #Stablecoin $USDT
Tether ($USDT)
USDT is the most used stablecoin and acts as the safe zone in the crypto market. While it doesn’t offer big price gains like other coins, its role in providing liquidity and stability remains extremely important. As crypto trading volume grows worldwide, demand for $USDT will likely stay strong. It is the bridge that keeps the market moving.
#USDT #Tether #Stablecoin $USDT
🧠 $USDT | Stablecoin reserves: full backing or a matter of trust? Tether is described as a stablecoin designed to mirror the value of the U.S. dollar, and according to its official site it is "100% backed by USD," with USD held in reserve. That claim is the core of the model: a token is only as credible as the reserves said to stand behind it. Attestations are the usual way holders get a periodic look at those reserves, but an attestation is a point-in-time check rather than a full audit, which is where the debate begins. Supporters see a documented reserve as sufficient assurance; critics argue that without deeper, continuous verification, backing remains a claim to be trusted. Key takeaway: For any stablecoin, the gap between a stated backing and independently verified reserves is the central question holders must weigh. 💬 Does a periodic attestation give you enough confidence in a stablecoin's reserves, or should full audits be the standard? Source: Official site https://tether.to/ #Tether #Stablecoins
🧠 $USDT | Stablecoin reserves: full backing or a matter of trust?

Tether is described as a stablecoin designed to mirror the value of the U.S. dollar, and according to its official site it is "100% backed by USD," with USD held in reserve. That claim is the core of the model: a token is only as credible as the reserves said to stand behind it. Attestations are the usual way holders get a periodic look at those reserves, but an attestation is a point-in-time check rather than a full audit, which is where the debate begins. Supporters see a documented reserve as sufficient assurance; critics argue that without deeper, continuous verification, backing remains a claim to be trusted.

Key takeaway: For any stablecoin, the gap between a stated backing and independently verified reserves is the central question holders must weigh.

💬 Does a periodic attestation give you enough confidence in a stablecoin's reserves, or should full audits be the standard?

Source: Official site https://tether.to/

#Tether #Stablecoins
A Senate letter just put Tether's stablecoin empire in the ethics spotlight. Sen. Richard Blumenthal — ranking Democrat on the Senate Permanent Subcommittee on Investigations — sent letters Thursday to Tether and Nxum Group, ex-White House crypto adviser Bo Hines's firm. The trigger: a Wall Street Journal report that Nxum took large consulting payments from Tether while Hines was still advising the administration on stablecoin rules. Hines now runs Tether's US arm. Blumenthal called the arrangement "highly unusual," saying Tether was "likely well aware of the illegality and impropriety" of paying a White House official shaping rules central to its business. Tether's response: external counsel already ran an "in-depth internal investigation" and "found no evidence of wrongdoing." Why it matters: a second front against the world's largest stablecoin issuer, on top of the Iran-report fight. But a letter is a request, not a finding — and his party is in the minority. That changes fast if Democrats retake the Senate. Does crypto policy get made in the open — or does this explain why stablecoin rules looked so issuer-friendly? $USDT #CryptoNews #Tether #Senate #Regulation
A Senate letter just put Tether's stablecoin empire in the ethics spotlight.

Sen. Richard Blumenthal — ranking Democrat on the Senate Permanent Subcommittee on Investigations — sent letters Thursday to Tether and Nxum Group, ex-White House crypto adviser Bo Hines's firm. The trigger: a Wall Street Journal report that Nxum took large consulting payments from Tether while Hines was still advising the administration on stablecoin rules. Hines now runs Tether's US arm.

Blumenthal called the arrangement "highly unusual," saying Tether was "likely well aware of the illegality and impropriety" of paying a White House official shaping rules central to its business. Tether's response: external counsel already ran an "in-depth internal investigation" and "found no evidence of wrongdoing."

Why it matters: a second front against the world's largest stablecoin issuer, on top of the Iran-report fight. But a letter is a request, not a finding — and his party is in the minority. That changes fast if Democrats retake the Senate.

Does crypto policy get made in the open — or does this explain why stablecoin rules looked so issuer-friendly?

$USDT #CryptoNews #Tether #Senate #Regulation
⚖️ $USDT | USDT at $0.9990: is a 0.10% gap a flaw or just market noise? Tether trades at $0.9990 against an assumed USD 1.00 peg, a deviation of -0.10%, with a $182.6 billion market cap and $55.5 billion in 24-hour volume as of the 2026-10-22 21:57 UTC snapshot. Supporters read that thin gap as evidence that a large, liquid dollar substitute is doing its job across the many chains it runs on. Critics argue that a token described as 100% backed by USD reserves should track the dollar more tightly, and that any persistent discount invites questions about redemption and reserve transparency. Why it matters: For a stablecoin, the size and persistence of a peg deviation is the core trust signal, so how much drift is acceptable is a governance question, not a price one. 💬 Is a 0.10% deviation from the peg a normal feature of a deep market, or a sign that reserve and redemption design needs more scrutiny? Source: Official site https://tether.to/ #Tether #Stablecoins
⚖️ $USDT | USDT at $0.9990: is a 0.10% gap a flaw or just market noise?

Tether trades at $0.9990 against an assumed USD 1.00 peg, a deviation of -0.10%, with a $182.6 billion market cap and $55.5 billion in 24-hour volume as of the 2026-10-22 21:57 UTC snapshot. Supporters read that thin gap as evidence that a large, liquid dollar substitute is doing its job across the many chains it runs on. Critics argue that a token described as 100% backed by USD reserves should track the dollar more tightly, and that any persistent discount invites questions about redemption and reserve transparency.

Why it matters: For a stablecoin, the size and persistence of a peg deviation is the core trust signal, so how much drift is acceptable is a governance question, not a price one.

💬 Is a 0.10% deviation from the peg a normal feature of a deep market, or a sign that reserve and redemption design needs more scrutiny?

Source: Official site https://tether.to/

#Tether #Stablecoins
⚖️ $USDT | USDT at $0.9990: a routine peg wobble or a signal worth watching? At the 2026-10-22 19:31 UTC snapshot, Tether traded at $0.9990, a deviation of -0.10% from the assumed USD 1.00 peg, with a 24h price change of -0.0% and market cap change of -0.1%. One reading treats this as ordinary noise: a stablecoin designed to mirror the dollar will always show small deviations, and a tenth of a percent is within that band. The other reading says small gaps still matter, because the peg's credibility rests on reserves and redemption design, not on the size of any single day's move. The figures alone cannot settle which reading is right. Why it matters: For a stablecoin, the debate is never about direction but about how much deviation from the peg is acceptable before it says something about reserves or redemption confidence. 💬 Is a -0.10% deviation from the peg just normal market friction, or should any gap prompt closer scrutiny of reserves and redemption? Source: Official site https://tether.to/ #Tether #Stablecoins
⚖️ $USDT | USDT at $0.9990: a routine peg wobble or a signal worth watching?

At the 2026-10-22 19:31 UTC snapshot, Tether traded at $0.9990, a deviation of -0.10% from the assumed USD 1.00 peg, with a 24h price change of -0.0% and market cap change of -0.1%. One reading treats this as ordinary noise: a stablecoin designed to mirror the dollar will always show small deviations, and a tenth of a percent is within that band. The other reading says small gaps still matter, because the peg's credibility rests on reserves and redemption design, not on the size of any single day's move. The figures alone cannot settle which reading is right.

Why it matters: For a stablecoin, the debate is never about direction but about how much deviation from the peg is acceptable before it says something about reserves or redemption confidence.

💬 Is a -0.10% deviation from the peg just normal market friction, or should any gap prompt closer scrutiny of reserves and redemption?

Source: Official site https://tether.to/

#Tether #Stablecoins
⚖️ $USDT | Tether at $182.7B: does $60.3B daily volume confirm its role? At the 2026-10-22 08:21 UTC snapshot, Tether carries a $182.7 billion market cap and rank 3, with $60.3 billion traded in 24 hours and a price of $0.9992, about -0.08% from the assumed USD 1.00 peg. One reading sees that turnover as proof USDT is the working dollar of crypto, deep enough to move size without friction. The other notes that a stablecoin's volume can reflect rapid in-and-out flows rather than settled demand, so activity alone says little about the reserves behind the peg. Both readings rest on the same figures; they differ on what those figures actually measure. Why it matters: For a stablecoin, trading depth and reserve backing are separate questions, and strong volume does not by itself settle how redemption and reserves are managed. 💬 Does high USDT turnover signal genuine utility, or does it mostly reflect funds cycling through rather than staying? Source: Official site https://tether.to/ #Tether #Stablecoins
⚖️ $USDT | Tether at $182.7B: does $60.3B daily volume confirm its role?

At the 2026-10-22 08:21 UTC snapshot, Tether carries a $182.7 billion market cap and rank 3, with $60.3 billion traded in 24 hours and a price of $0.9992, about -0.08% from the assumed USD 1.00 peg. One reading sees that turnover as proof USDT is the working dollar of crypto, deep enough to move size without friction. The other notes that a stablecoin's volume can reflect rapid in-and-out flows rather than settled demand, so activity alone says little about the reserves behind the peg. Both readings rest on the same figures; they differ on what those figures actually measure.

Why it matters: For a stablecoin, trading depth and reserve backing are separate questions, and strong volume does not by itself settle how redemption and reserves are managed.

💬 Does high USDT turnover signal genuine utility, or does it mostly reflect funds cycling through rather than staying?

Source: Official site https://tether.to/

#Tether #Stablecoins
Tether isn't just a stablecoin company anymore — it's now funding the rails for AI agents to spend money. The $USDT issuer led a $15M Series A in Mural, a startup built by former Palantir engineers that plugs AI agents into bank accounts and blockchains — with spending caps, approved counterparties and step-up approvals for bigger payments. Total funding hits $28M, with North Island Ventures also in; Mural says it has processed $2.1B across 128 countries since launching its API last year. The pattern is what matters: this follows Tether's bet on AIsa and its participation in Tenstorrent's $1.5B Series E. The world's largest stablecoin issuer is quietly assembling an AI stack, and stablecoins are the obvious settlement layer for machine-to-machine commerce. Does programmable money finally give stablecoins their killer app — or is "agentic finance" still mostly a pitch deck? $USDT #Stablecoin #AI #Payments #Tether
Tether isn't just a stablecoin company anymore — it's now funding the rails for AI agents to spend money.

The $USDT issuer led a $15M Series A in Mural, a startup built by former Palantir engineers that plugs AI agents into bank accounts and blockchains — with spending caps, approved counterparties and step-up approvals for bigger payments. Total funding hits $28M, with North Island Ventures also in; Mural says it has processed $2.1B across 128 countries since launching its API last year.

The pattern is what matters: this follows Tether's bet on AIsa and its participation in Tenstorrent's $1.5B Series E. The world's largest stablecoin issuer is quietly assembling an AI stack, and stablecoins are the obvious settlement layer for machine-to-machine commerce.

Does programmable money finally give stablecoins their killer app — or is "agentic finance" still mostly a pitch deck?

$USDT #Stablecoin #AI #Payments #Tether
📰 $USDT | USDT in food delivery and banking: real utility or just expansion? Tether is backing Bolivian fintech Peso, according to Cointelegraph, with the investment set to support Peso's expansion across four Latin American markets. The reported focus is connecting stablecoin payments to merchant services and local banking networks, including food delivery. Supporters can read this as stablecoins moving into everyday payments; skeptics can ask how much of that reach depends on a single issuer's backing. Why it matters: The deal shows stablecoin payments being tied to merchant and banking infrastructure rather than trading alone, a test of whether that model scales across four markets. 💬 Does tying stablecoin payments to merchant and banking networks make them more useful, or more dependent on one issuer's backing? Source: Cointelegraph https://cointelegraph.com/news/tether-backs-bolivian-fintech-bringing-usdt-payments-to-food-delivery-and-banking #Tether #Stablecoins
📰 $USDT | USDT in food delivery and banking: real utility or just expansion?

Tether is backing Bolivian fintech Peso, according to Cointelegraph, with the investment set to support Peso's expansion across four Latin American markets. The reported focus is connecting stablecoin payments to merchant services and local banking networks, including food delivery. Supporters can read this as stablecoins moving into everyday payments; skeptics can ask how much of that reach depends on a single issuer's backing.

Why it matters: The deal shows stablecoin payments being tied to merchant and banking infrastructure rather than trading alone, a test of whether that model scales across four markets.

💬 Does tying stablecoin payments to merchant and banking networks make them more useful, or more dependent on one issuer's backing?

Source: Cointelegraph https://cointelegraph.com/news/tether-backs-bolivian-fintech-bringing-usdt-payments-to-food-delivery-and-banking

#Tether #Stablecoins
News just broke that the U.S. Senate is expanding its investigation into Tether. Could this be what drove $BTC down to $81,322, or just an excuse to trigger liquidations? Senator Richard Blumenthal has asked Tether to explain millions of dollars in payments to a company owned by former White House adviser Bo Hines, made during the development of stablecoin policy. CEO Paulo Ardoino has pushed back, but the news was still enough to spook the market. At the time of writing, $BTC is down to $81,322 (-3.63% in 24 hours). For those trading futures, legal news targeting Tether is always potential fuel for a sell-off—and when panicked traders pile into shorts, the risk of getting liquidated is at its highest. My take: prioritize protecting your account. So far, this is only a request for an explanation; no wrongdoing has been established. I’m not opening any new positions until I see $BTC hold the $81,000 level on the H4 chart. If it holds, I’ll reassess; if not, the downside risk could deepen. How are you managing your positions in this move? Check the $BTC chart below 👇 #BTC #Tether #Stablecoin #Legal
News just broke that the U.S. Senate is expanding its investigation into Tether. Could this be what drove $BTC down to $81,322, or just an excuse to trigger liquidations?

Senator Richard Blumenthal has asked Tether to explain millions of dollars in payments to a company owned by former White House adviser Bo Hines, made during the development of stablecoin policy. CEO Paulo Ardoino has pushed back, but the news was still enough to spook the market.

At the time of writing, $BTC is down to $81,322 (-3.63% in 24 hours). For those trading futures, legal news targeting Tether is always potential fuel for a sell-off—and when panicked traders pile into shorts, the risk of getting liquidated is at its highest.

My take: prioritize protecting your account. So far, this is only a request for an explanation; no wrongdoing has been established. I’m not opening any new positions until I see $BTC hold the $81,000 level on the H4 chart. If it holds, I’ll reassess; if not, the downside risk could deepen.

How are you managing your positions in this move? Check the $BTC chart below 👇

#BTC #Tether #Stablecoin #Legal
The compliance narrative of a stablecoin giant has once again been called into question over a marketing contract. According to reports, U.S. Senator Richard Blumenthal has asked Tether CEO Paolo Ardoino to submit contracts, payment records, communications, and lobbying records related to marketing firm Nxum. The company was co-founded by former White House crypto adviser Bo Hines, and the transactions in question total approximately $6.3 million. Regulators want to know not only whether reserves are properly documented, but also “who the money was spent on, and what influence it bought.” The more practical implication for the market: the closer the stablecoin narrative gets to traditional finance and political lobbying, the more scrutiny will resemble that applied to financial institutions—not to “on-chain payment tools.” Holders and access providers should pay closer attention to disclosures and lists of counterparties in the months ahead. #Tether #稳定币 #合规 #Regulation
The compliance narrative of a stablecoin giant has once again been called into question over a marketing contract.

According to reports, U.S. Senator Richard Blumenthal has asked Tether CEO Paolo Ardoino to submit contracts, payment records, communications, and lobbying records related to marketing firm Nxum. The company was co-founded by former White House crypto adviser Bo Hines, and the transactions in question total approximately $6.3 million. Regulators want to know not only whether reserves are properly documented, but also “who the money was spent on, and what influence it bought.”

The more practical implication for the market: the closer the stablecoin narrative gets to traditional finance and political lobbying, the more scrutiny will resemble that applied to financial institutions—not to “on-chain payment tools.” Holders and access providers should pay closer attention to disclosures and lists of counterparties in the months ahead.

#Tether #稳定币 #合规 #Regulation
The U.S. Senate has officially asked Tether CEO Paolo Ardoino to explain the deal with Nxum. Will the shorts seize this opportunity to squeeze market liquidity? The investigation focuses on an agreement between the issuer of $USDT and a former adviser who once supported Donald Trump’s campaign. Lawmakers have raised concerns about conflicts of interest and lobbying, and are demanding that Tether hand over all contracts, cash flow reports, and communications records. As the market’s largest stablecoin, any legal news involving Tether is often used by whales to **sweep liquidity** on both sides. Even so, $BTC is still holding at $81,552.70 at the time of writing, with no signs of panic selling. In my view, congressional investigations usually drag on and are driven more by politics than by any immediate risk of collapse. Those trading futures should be wary of short-term wick traps around this level — FOMOing into high leverage when the news breaks is the fastest way to get shaken out of a good position. Take a look at the chart for $BTC below and see which side buying and selling pressure is favoring! 👇 #Tether #USDT #BTC #PhapLy #Stablecoin
The U.S. Senate has officially asked Tether CEO Paolo Ardoino to explain the deal with Nxum. Will the shorts seize this opportunity to squeeze market liquidity?

The investigation focuses on an agreement between the issuer of $USDT and a former adviser who once supported Donald Trump’s campaign. Lawmakers have raised concerns about conflicts of interest and lobbying, and are demanding that Tether hand over all contracts, cash flow reports, and communications records.

As the market’s largest stablecoin, any legal news involving Tether is often used by whales to **sweep liquidity** on both sides. Even so, $BTC is still holding at $81,552.70 at the time of writing, with no signs of panic selling.

In my view, congressional investigations usually drag on and are driven more by politics than by any immediate risk of collapse. Those trading futures should be wary of short-term wick traps around this level — FOMOing into high leverage when the news breaks is the fastest way to get shaken out of a good position.

Take a look at the chart for $BTC below and see which side buying and selling pressure is favoring! 👇

#Tether #USDT #BTC #PhapLy #Stablecoin
Media reports say Tether paid several million dollars to the consulting firm of former White House adviser Bo Hines. Senator Blumenthal is already calling for an investigation, saying the deal may have crossed ethical and anti-corruption lines. Tether is really playing with fire here. A former adviser becomes CEO, and the money goes straight to his company—isn’t that just an outright lie? Politicians are sure to seize on this and make an example of them. Hoping to walk away unscathed? Not likely. $USDT #Tether
Media reports say Tether paid several million dollars to the consulting firm of former White House adviser Bo Hines. Senator Blumenthal is already calling for an investigation, saying the deal may have crossed ethical and anti-corruption lines. Tether is really playing with fire here. A former adviser becomes CEO, and the money goes straight to his company—isn’t that just an outright lie? Politicians are sure to seize on this and make an example of them. Hoping to walk away unscathed? Not likely.

$USDT #Tether
⚖️ $USDT | USDT at $0.9994: proof of a solid peg or a warning sign? At the 2026-10-21 21:47 UTC snapshot, Tether traded at $0.9994, a -0.06% deviation from the assumed USD 1.00 reference, with a $182.8 billion market cap and $55.6 billion in 24-hour volume. Supporters read that tiny gap and deep liquidity as evidence that a dollar-anchored design works at scale across the many chains USDT runs on. Critics argue a near-perfect peg says little about reserve transparency or redemption mechanics until holders actually test them under stress. Both readings rest on the same numbers, which is what makes the question worth arguing. Why it matters: For a stablecoin, the real test is not the daily price but whether reserves and redemption design hold up when many holders exit at once. 💬 Does a stablecoin's tight peg and deep liquidity tell you enough about its reserves, or is transparency the only measure that counts? Source: Official site https://tether.to/ #Tether #Stablecoins
⚖️ $USDT | USDT at $0.9994: proof of a solid peg or a warning sign?

At the 2026-10-21 21:47 UTC snapshot, Tether traded at $0.9994, a -0.06% deviation from the assumed USD 1.00 reference, with a $182.8 billion market cap and $55.6 billion in 24-hour volume. Supporters read that tiny gap and deep liquidity as evidence that a dollar-anchored design works at scale across the many chains USDT runs on. Critics argue a near-perfect peg says little about reserve transparency or redemption mechanics until holders actually test them under stress. Both readings rest on the same numbers, which is what makes the question worth arguing.

Why it matters: For a stablecoin, the real test is not the daily price but whether reserves and redemption design hold up when many holders exit at once.

💬 Does a stablecoin's tight peg and deep liquidity tell you enough about its reserves, or is transparency the only measure that counts?

Source: Official site https://tether.to/

#Tether #Stablecoins
【Market Alert】Senator sets sights on Tether: $6 million in payments unaccounted for. Blumenthal writes to Tether seeking Nxum payment records. Nxum’s Bo Hines was previously a White House crypto adviser and is now Tether’s U.S. CEO. Wall Street Journal: When the deal was signed, Hines was still at the White House working on legislation, earning $415,000 a month—over $6 million. Lobbying—or crossing the line? $USDT $USDC $DAI #Tether #稳定币 #U.S. regulation (Source: ABMedia) ⚠️Risk warning: The above is shared for market information purposes only and does not constitute investment advice. Investing involves risk; please exercise caution.
【Market Alert】Senator sets sights on Tether: $6 million in payments unaccounted for.

Blumenthal writes to Tether seeking Nxum payment records.

Nxum’s Bo Hines was previously a White House crypto adviser and is now Tether’s U.S. CEO.

Wall Street Journal: When the deal was signed, Hines was still at the White House working on legislation, earning $415,000 a month—over $6 million.

Lobbying—or crossing the line?

$USDT $USDC $DAI
#Tether #稳定币 #U.S. regulation
(Source: ABMedia)
⚠️Risk warning: The above is shared for market information purposes only and does not constitute investment advice. Investing involves risk; please exercise caution.
Tether in the Senate’s crosshairs? This is more exciting than crypto prices Bo Hines, a former White House crypto adviser, reportedly pocketed millions of dollars in consulting fees from Tether while helping the Trump administration shape stablecoin policy? Senator Blumenthal sent letters directly to Tether and Nxum, a company owned by the Hines family, demanding answers about the payments. His wording was pretty blunt: the relationship was highly unusual and raised ethical and legal concerns. Tether’s response was just as straightforward: outside counsel had already reviewed it, and found no issues. The timeline is the most telling part: Hines left the White House and then became head of Tether’s U.S. operations. You can read between the lines. Put simply, this isn’t the first time Tether has been under scrutiny—Blumenthal has also investigated its ties to Cantor Fitzgerald and links to Iranian funds. The GENIUS Act’s rules have just been finalized (the OCC finalized them on October 21, with an effective date of January 2027), ushering stablecoins into a fully licensed era. If Tether, the world’s largest stablecoin issuer, really goes down, the whole industry will feel the shock. My take: this investigation will probably turn out to be much ado about nothing. Democrats are currently in the minority in the Senate, so any serious action would likely have to wait until they regain control after the midterms. But if Tether wants a license to operate in the U.S., this is a sword hanging over its head. #Tether #稳定币 #加密监管 #GENIUS Act
Tether in the Senate’s crosshairs? This is more exciting than crypto prices

Bo Hines, a former White House crypto adviser, reportedly pocketed millions of dollars in consulting fees from Tether while helping the Trump administration shape stablecoin policy?

Senator Blumenthal sent letters directly to Tether and Nxum, a company owned by the Hines family, demanding answers about the payments. His wording was pretty blunt: the relationship was highly unusual and raised ethical and legal concerns. Tether’s response was just as straightforward: outside counsel had already reviewed it, and found no issues.

The timeline is the most telling part: Hines left the White House and then became head of Tether’s U.S. operations. You can read between the lines.

Put simply, this isn’t the first time Tether has been under scrutiny—Blumenthal has also investigated its ties to Cantor Fitzgerald and links to Iranian funds.

The GENIUS Act’s rules have just been finalized (the OCC finalized them on October 21, with an effective date of January 2027), ushering stablecoins into a fully licensed era. If Tether, the world’s largest stablecoin issuer, really goes down, the whole industry will feel the shock.

My take: this investigation will probably turn out to be much ado about nothing. Democrats are currently in the minority in the Senate, so any serious action would likely have to wait until they regain control after the midterms. But if Tether wants a license to operate in the U.S., this is a sword hanging over its head.

#Tether #稳定币 #加密监管 #GENIUS Act
The person who left his job to work for Tether was already receiving money from Tether while still on the job. Senator Blumenthal, the top Democrat on the Senate Permanent Subcommittee on Investigations, sent letters to Tether and Nxum Group demanding payment records, wallet addresses, and lobbying communications by November 3. It stems from a report in the WSJ last week: while former White House crypto adviser Bo Hines was advising the Trump administration on stablecoin policy, Nxum, the consulting firm he co-founded with his father, received substantial consulting fees from Tether. After leaving his government post, Hines went on to become CEO of Tether’s U.S. business. The senator’s exact words: this arrangement is “highly unusual” and raises serious ethical and legal concerns. Tether’s response: outside counsel previously conducted an internal investigation and found no wrongdoing. My take: this is different from the usual news about Tether being fined. This is trouble at the level of “who writes the rules.” The OCC just finalized the GENIUS stablecoin rules this week. USDT wants to enter the U.S. market in a legitimate way, but before the rules even take effect, people are digging into the past of the person who helped write them. For those of us watching the charts, there’s no need to worry about USDT depegging in the short term—the reserves are a separate matter. What we’re watching is whether anything else breaks before or after the November 3 deadline. Every time this kind of drama plays out, USDC quietly gets a wave of attention. The stablecoin wars have never been fought on on-chain data alone. What do you think—is Hines’s move just a routine Washington revolving door, or has Tether really messed up this time? 💬 $USDT $USDC #稳定币 #Tether #CryptoRegulation Not investment advice. DYOR. Trading involves risk.
The person who left his job to work for Tether was already receiving money from Tether while still on the job.

Senator Blumenthal, the top Democrat on the Senate Permanent Subcommittee on Investigations, sent letters to Tether and Nxum Group demanding payment records, wallet addresses, and lobbying communications by November 3.

It stems from a report in the WSJ last week: while former White House crypto adviser Bo Hines was advising the Trump administration on stablecoin policy, Nxum, the consulting firm he co-founded with his father, received substantial consulting fees from Tether. After leaving his government post, Hines went on to become CEO of Tether’s U.S. business.

The senator’s exact words: this arrangement is “highly unusual” and raises serious ethical and legal concerns.

Tether’s response: outside counsel previously conducted an internal investigation and found no wrongdoing.

My take: this is different from the usual news about Tether being fined. This is trouble at the level of “who writes the rules.” The OCC just finalized the GENIUS stablecoin rules this week. USDT wants to enter the U.S. market in a legitimate way, but before the rules even take effect, people are digging into the past of the person who helped write them.

For those of us watching the charts, there’s no need to worry about USDT depegging in the short term—the reserves are a separate matter. What we’re watching is whether anything else breaks before or after the November 3 deadline. Every time this kind of drama plays out, USDC quietly gets a wave of attention. The stablecoin wars have never been fought on on-chain data alone.

What do you think—is Hines’s move just a routine Washington revolving door, or has Tether really messed up this time? 💬

$USDT $USDC
#稳定币 #Tether #CryptoRegulation

Not investment advice. DYOR. Trading involves risk.
The most outrageous revolving-door smoking gun: Tether was paying a company owned by White House crypto adviser Bo Hines while waiting for him to help write the stablecoin bill. The Wall Street Journal dug it up first: while Hines was still serving as Trump’s crypto policy adviser, Nxum—the company he co-founded with his dad—received several million dollars in consulting fees from Tether. Then he left and went straight to become Tether’s U.S. CEO. On Thursday, Senator Blumenthal formally wrote to both companies, demanding payment records, crypto wallet addresses, and lobbying communications by November 3. His exact words: paying a sitting White House official and having him shape legislation that benefits your own business is “highly unusual.” Tether’s response: We conducted an internal review. Nothing wrong here. The wildest part: Nxum recently also hired another White House crypto adviser, Harry Jung. This revolving door is spinning smoothly. The comment section is taking bets: Team A says consulting fees are consulting fees, and a CEO is a CEO. Do you buy it? Team B says Democrats investigate Trump, Trump investigates Tether—this script never ends. #Tether #旋转门 $USDT $BTC $ETH
The most outrageous revolving-door smoking gun: Tether was paying a company owned by White House crypto adviser Bo Hines while waiting for him to help write the stablecoin bill.

The Wall Street Journal dug it up first: while Hines was still serving as Trump’s crypto policy adviser, Nxum—the company he co-founded with his dad—received several million dollars in consulting fees from Tether. Then he left and went straight to become Tether’s U.S. CEO.

On Thursday, Senator Blumenthal formally wrote to both companies, demanding payment records, crypto wallet addresses, and lobbying communications by November 3. His exact words: paying a sitting White House official and having him shape legislation that benefits your own business is “highly unusual.”

Tether’s response: We conducted an internal review. Nothing wrong here.

The wildest part: Nxum recently also hired another White House crypto adviser, Harry Jung. This revolving door is spinning smoothly.

The comment section is taking bets: Team A says consulting fees are consulting fees, and a CEO is a CEO. Do you buy it? Team B says Democrats investigate Trump, Trump investigates Tether—this script never ends.

#Tether #旋转门 $USDT $BTC $ETH
Log in to explore more content
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.
💬 Trusted by the world’s largest crypto exchange.
👍 Discover real insights from verified creators.
Email / Phone number