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	<title>Paolo Ardoino Archives - Coin Engineer</title>
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	<title>Paolo Ardoino Archives - Coin Engineer</title>
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	<item>
		<title>JPMorgan Closes Strike CEO Jack Mallers’ Bank Accounts</title>
		<link>https://coinengineer.net/blog/jpmorgan-closes-strike-ceo-jack-mallers-bank-accounts/</link>
					<comments>https://coinengineer.net/blog/jpmorgan-closes-strike-ceo-jack-mallers-bank-accounts/#respond</comments>
		
		<dc:creator><![CDATA[Yeliz Akmaca]]></dc:creator>
		<pubDate>Mon, 24 Nov 2025 21:15:19 +0000</pubDate>
				<category><![CDATA[EN]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[bitcoin]]></category>
		<category><![CDATA[crypto banking]]></category>
		<category><![CDATA[Crypto Regulation]]></category>
		<category><![CDATA[debanking]]></category>
		<category><![CDATA[Jack Mallers]]></category>
		<category><![CDATA[jpmorgan]]></category>
		<category><![CDATA[Operation Chokepoint 2.0]]></category>
		<category><![CDATA[Paolo Ardoino]]></category>
		<category><![CDATA[Strike CEO]]></category>
		<guid isPermaLink="false">https://coinengineer.net/blog/?p=57846</guid>

					<description><![CDATA[<p>Strike CEO Jack Mallers revealed that JPMorgan Chase abruptly closed his bank accounts without any prior warning. The bank cited “suspicious activity” but provided no details. The incident has reignited debates over the Biden-era “Operation Chokepoint 2.0” and drawn significant attention from the crypto community. JPMorgan Account Closure Justification On Sunday, Mallers posted on X:</p>
<p>The post <a href="https://coinengineer.net/blog/jpmorgan-closes-strike-ceo-jack-mallers-bank-accounts/">JPMorgan Closes Strike CEO Jack Mallers’ Bank Accounts</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p data-start="240" data-end="576"><a href="https://coinengineer.net/blog/strike-ceo-bitcoin-smells-trouble-when-will-the-next-rally-begin/"><strong>Strike</strong></a> CEO <strong>Jack Mallers</strong> revealed that <strong>JPMorgan Chase</strong> abruptly closed his bank accounts without any prior warning. The bank cited “suspicious activity” but provided no details. The incident has reignited debates over the Biden-era “Operation Chokepoint 2.0” and drawn significant attention from the crypto community.</p>
<h3 data-start="583" data-end="629">JPMorgan Account Closure Justification</h3>
<p data-start="631" data-end="664">On Sunday, Mallers posted on X:</p>
<blockquote data-start="665" data-end="796">
<p data-start="667" data-end="796">“Last month JP Morgan Chase kicked me out of the bank. It was weird. My dad has been a private client there for over 30 years.”</p>
</blockquote>
<p data-start="798" data-end="1022">When he asked why his accounts were closed, the bank reportedly replied, “We are not allowed to tell you.” Mallers also shared a photo of a letter that appeared to come from JPMorgan and said, “I’m very proud I framed it.”</p>
<p data-start="1024" data-end="1044">The letter stated:</p>
<blockquote data-start="1045" data-end="1287">
<p data-start="1047" data-end="1287">“We have identified concerning activity. We are committed to complying with regulations and ensuring the safety and integrity of the financial system. Due to this commitment, we may not be able to open new accounts for you in the future.”</p>
</blockquote>
<p data-start="1289" data-end="1519">These statements highlight that crypto CEOs still face risks in accessing traditional banking services. On social media, users debated whether the alleged “Operation Chokepoint 2.0” remains active under the Biden administration.</p>
<h3 data-start="1526" data-end="1564">Political and Industry Reactions</h3>
<p data-start="1566" data-end="1793">Operation Chokepoint 2.0 is described as a coordinated effort during the Biden administration in which federal banking regulators allegedly pressured banks to deny services to companies and executives in the crypto ecosystem.</p>
<p data-start="1795" data-end="1992">In August, former President Trump issued an executive order aimed at preventing the closure of accounts for crypto-related businesses. In July, Trump’s Digital Asset Markets Working Group stated:</p>
<blockquote data-start="1993" data-end="2170">
<p data-start="1995" data-end="2170">“The Trump Administration worked to end regulatory efforts that denied banking services to the digital asset sector, fully and once for all ending Operation Chokepoint 2.0.”</p>
</blockquote>
<p data-start="2172" data-end="2225">Tether CEO Paolo Ardoino responded to Mallers on X:</p>
<blockquote data-start="2226" data-end="2384">
<p data-start="2228" data-end="2384">“Bitcoin will withstand the test of time. Organizations trying to undermine it will fail and disappear. They cannot prevent people from choosing freedom.”</p>
</blockquote>
<p data-start="2386" data-end="2565">Bo Hines, who previously led former President Donald Trump’s Council of Advisers on Digital Assets and now serves as a Strategic Advisor at Tether, reacted to the incident on X:</p>
<blockquote data-start="2566" data-end="2635">
<p data-start="2568" data-end="2635">“Hey Chase… Operation Choke Point is over, right? Just checking.”</p>
</blockquote>
<p data-start="2637" data-end="2809">Hines’ comment reflects the view among some crypto advocates that political pressure, rather than genuine compliance issues, continues to influence banking relationships.</p>
<h3 data-start="2816" data-end="2866">Implications and Risks for the Crypto Sector</h3>
<p data-start="2868" data-end="3190">Mallers’ account closure has brought financial access and regulatory risks in the crypto sector back into focus. Experts warn that such moves will not eliminate the industry; instead, they may push companies outside the U.S. Furthermore, these actions pose risks to blockchain innovation and democratic financial access.</p>
<p data-start="2868" data-end="3190"><em class="darkmysite_style_txt_border darkmysite_processed" data-darkmysite_alpha_bg="rgba(0, 0, 0, 0)">You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our <a class="darkmysite_style_txt_border darkmysite_style_link darkmysite_processed" href="https://t.me/coinengineernews" target="_blank" rel="noreferrer noopener nofollow" data-darkmysite_alpha_bg="rgba(0, 0, 0, 0)">Telegram, </a><a class="darkmysite_style_txt_border darkmysite_style_link darkmysite_processed" href="https://www.youtube.com/@CoinEngineer" target="_blank" rel="noreferrer noopener nofollow" data-darkmysite_alpha_bg="rgba(0, 0, 0, 0)">YouTube</a>, and <a class="darkmysite_style_txt_border darkmysite_style_link darkmysite_processed" href="https://twitter.com/coinengineers" target="_blank" rel="nofollow noopener" data-darkmysite_alpha_bg="rgba(0, 0, 0, 0)">Twitter</a> channels for </em><em class="darkmysite_style_txt_border darkmysite_processed" data-darkmysite_alpha_bg="rgba(0, 0, 0, 0)">the latest <a class="darkmysite_style_txt_border darkmysite_style_link darkmysite_processed" title="News" href="https://coinengineer.net/blog/news/" data-internallinksmanager029f6b8e52c="7" data-darkmysite_alpha_bg="rgba(0, 0, 0, 0)">news</a> and updates.</em></p>
<p>The post <a href="https://coinengineer.net/blog/jpmorgan-closes-strike-ceo-jack-mallers-bank-accounts/">JPMorgan Closes Strike CEO Jack Mallers’ Bank Accounts</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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		<title>USDT Reaches 500 Million Users: Remarkable Statement from the CEO!</title>
		<link>https://coinengineer.net/blog/usdt-reaches-500-million-users-remarkable-statement-from-the-ceo/</link>
					<comments>https://coinengineer.net/blog/usdt-reaches-500-million-users-remarkable-statement-from-the-ceo/#respond</comments>
		
		<dc:creator><![CDATA[Haciyev Reşit]]></dc:creator>
		<pubDate>Wed, 22 Oct 2025 07:08:24 +0000</pubDate>
				<category><![CDATA[Crypto News]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[blockchain]]></category>
		<category><![CDATA[crypto]]></category>
		<category><![CDATA[cryptocurrencies]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[digital assets]]></category>
		<category><![CDATA[Paolo Ardoino]]></category>
		<category><![CDATA[Tether (USDT)]]></category>
		<category><![CDATA[usdt]]></category>
		<guid isPermaLink="false">https://coinengineer.net/blog/?p=54808</guid>

					<description><![CDATA[<p>A significant milestone has been reached in the crypto market. Tether CEO Paolo Ardoino announced that Tether (USDT) the world’s largest stablecoin issuer has now reached 500 million users. This development highlights that stablecoins are no longer confined to crypto communities but have become a widespread tool within the global financial system, reflecting their growing adoption</p>
<p>The post <a href="https://coinengineer.net/blog/usdt-reaches-500-million-users-remarkable-statement-from-the-ceo/">USDT Reaches 500 Million Users: Remarkable Statement from the CEO!</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>A significant milestone has been reached in the crypto market. <strong>Tether</strong> CEO <strong>Paolo Ardoino</strong> announced that Tether (USDT) the world’s largest stablecoin issuer has now reached 500 million users.</p>
<p data-start="209" data-end="434" data-is-last-node="" data-is-only-node="">This development highlights that stablecoins are no longer confined to crypto communities but have become a widespread tool within the global financial system, reflecting their growing adoption among mainstream users.</p>
<p data-start="209" data-end="434" data-is-last-node="" data-is-only-node=""><img fetchpriority="high" decoding="async" class="wp-image-54809 aligncenter" src="https://coinengineer.net/blog/wp-content/uploads/2025/10/usdt-300x192.jpg" alt="" width="725" height="464" srcset="https://coinengineer.net/blog/wp-content/uploads/2025/10/usdt-300x192.jpg 300w, https://coinengineer.net/blog/wp-content/uploads/2025/10/usdt-1024x656.jpg 1024w, https://coinengineer.net/blog/wp-content/uploads/2025/10/usdt-768x492.jpg 768w, https://coinengineer.net/blog/wp-content/uploads/2025/10/usdt.jpg 1280w" sizes="(max-width: 725px) 100vw, 725px" /></p>
<h2>“The Greatest Achievement in Financial Inclusion History”</h2>
<p>In his official announcement, Tether CEO Paolo Ardoino described this milestone as “possibly the greatest achievement in financial inclusion history.” According to Ardoino, Tether has evolved beyond being just a cryptocurrency — it has become a tool that enhances financial accessibility in developing countries.</p>
<p>He stated:</p>
<blockquote><p>“Reaching 500 million users is not just a technological achievement; it means bringing financial freedom to millions of people. This is a revolution against inequality in the global economy.”</p></blockquote>
<p>Currently, Tether’s USDT token remains the largest stablecoin in the world, with a market capitalization exceeding $70 billion. USDT has become the most widely used digital currency in regions with high dollarization rates, such as Latin America, Asia, and Africa.</p>
<p><img decoding="async" class="wp-image-54810 aligncenter" src="https://coinengineer.net/blog/wp-content/uploads/2025/10/paolo-ardiono-300x55.jpg" alt="" width="829" height="152" srcset="https://coinengineer.net/blog/wp-content/uploads/2025/10/paolo-ardiono-300x55.jpg 300w, https://coinengineer.net/blog/wp-content/uploads/2025/10/paolo-ardiono.jpg 595w" sizes="(max-width: 829px) 100vw, 829px" /></p>
<h2>Stablecoins Usher in a New Era for the Global Financial System</h2>
<p>Tether’s achievement has once again brought the concept of financial inclusion into the spotlight. Millions of people who lack access to traditional banking systems can now save, make payments, and transfer money across borders easily thanks to stablecoins.</p>
<p>With its low transaction fees, fast transfer times, and broad exchange support, USDT has become a cash alternative in many developing countries. Moreover, for individuals without access to digital dollars, stablecoins serve as a hedge against inflation and a way to preserve purchasing power.</p>
<h2>Tether: A Global Leader in Digital Finance</h2>
<p>Tether’s milestone of reaching 500 million users marks not only a major success for the company but also a defining moment for the global digital economy.<br />
This accomplishment demonstrates that stablecoins are now capable of competing with central bank digital currencies (CBDCs) in areas such as international payments and cross-border trade.</p>
<p>The rapid expansion of USDT’s global user base shows that Tether has evolved beyond a crypto company, positioning itself as a pioneer of the digital finance era.</p>
<p><em class="darkmysite_style_txt_border darkmysite_processed" data-darkmysite_alpha_bg="rgba(0, 0, 0, 0)">You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our <a class="darkmysite_style_txt_border darkmysite_style_link darkmysite_processed" href="https://t.me/coinengineernews" target="_blank" rel="noreferrer noopener nofollow" data-darkmysite_alpha_bg="rgba(0, 0, 0, 0)">Telegram, </a><a class="darkmysite_style_txt_border darkmysite_style_link darkmysite_processed" href="https://www.youtube.com/@CoinEngineer" target="_blank" rel="noreferrer noopener nofollow" data-darkmysite_alpha_bg="rgba(0, 0, 0, 0)">YouTube</a>, and <a class="darkmysite_style_txt_border darkmysite_style_link darkmysite_processed" href="https://twitter.com/coinengineers" target="_blank" rel="nofollow noopener" data-darkmysite_alpha_bg="rgba(0, 0, 0, 0)">Twitter</a> channels for the latest <a class="darkmysite_style_txt_border darkmysite_style_link darkmysite_processed" title="News" href="https://coinengineer.net/blog/news/" data-internallinksmanager029f6b8e52c="7" data-darkmysite_alpha_bg="rgba(0, 0, 0, 0)">news</a> and updates.</em></p>
<div class="blog-share text-center"></div>
<p>The post <a href="https://coinengineer.net/blog/usdt-reaches-500-million-users-remarkable-statement-from-the-ceo/">USDT Reaches 500 Million Users: Remarkable Statement from the CEO!</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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		<media:content url='https://coinengineer.net/blog/wp-content/uploads/2025/10/tether-ce.jpg' type='image/webp' medium='image' width='1920' height='1080'><media:title type='plain'> <![CDATA[USA]]></media:title><media:thumbnail url='https://coinengineer.net/blog/wp-content/uploads/2025/10/tether-ce.jpg' width='58' height='33' /></media:content>	</item>
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		<title>What is Tether USAT (USAT)?</title>
		<link>https://coinengineer.net/blog/what-is-tether-usat-usat/</link>
					<comments>https://coinengineer.net/blog/what-is-tether-usat-usat/#respond</comments>
		
		<dc:creator><![CDATA[Emre Yumlu]]></dc:creator>
		<pubDate>Mon, 15 Sep 2025 15:30:14 +0000</pubDate>
				<category><![CDATA[Altcoin Projects]]></category>
		<category><![CDATA[Project review]]></category>
		<category><![CDATA[Anchorage Digital Bank]]></category>
		<category><![CDATA[Bo Hines]]></category>
		<category><![CDATA[Cantor Fitzgerald]]></category>
		<category><![CDATA[genius act]]></category>
		<category><![CDATA[Paolo Ardoino]]></category>
		<category><![CDATA[stablecoin]]></category>
		<category><![CDATA[us dollars]]></category>
		<category><![CDATA[usat coin]]></category>
		<category><![CDATA[what is Tether USAT (USAT)]]></category>
		<guid isPermaLink="false">https://coinengineer.net/blog/?p=51172</guid>

					<description><![CDATA[<p>Standing out as an innovative stablecoin, Tether USAT (USAT) is a digital currency pegged to the U.S. dollar, designed for the digital age. Developed by Tether and issued by Anchorage Digital Bank, N.A., USAT offers a regulated financial tool backed by transparent reserves. With internet-speed transactions and the ability to send and receive money without</p>
<p>The post <a href="https://coinengineer.net/blog/what-is-tether-usat-usat/">What is Tether USAT (USAT)?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p dir="ltr">Standing out as an innovative <a href="https://coinengineer.net/blog/new-stablecoin-from-tether/"><strong>stablecoin</strong></a>, <strong>Tether USAT (USAT)</strong> is a digital currency pegged to the U.S. dollar, designed for the digital age. Developed by Tether and issued by <strong>Anchorage Digital Bank</strong>, N.A., USAT offers a regulated financial tool backed by transparent reserves. With internet-speed transactions and the ability to send and receive money without intermediaries, USAT aims to strengthen American financial leadership in the digital realm. So, what is Tether USAT, how does it work, and why is it important? Let’s dive in and explore!</p>
<h2 dir="ltr">What is Tether USAT (USAT)?</h2>
<p dir="ltr">Tether USAT (USAT) is a stablecoin pegged 1:1 to the U.S. dollar, compliant with U.S. regulations. Building on the success of Tether’s existing stablecoin USD₮, USAT will be issued by Anchorage Digital Bank, N.A. and supported by Tether’s Hadron platform. Designed to align with the U.S. GENIUS Act, this digital currency is backed by liquid reserves and offers a transparent, regulated ecosystem. Targeting the U.S. market, USAT aims to provide fast, secure, and low-cost payment solutions for businesses and individuals. With Tether’s global distribution network and Cantor Fitzgerald’s role as reserve custodian, USAT positions itself as a tool to enhance the dominance of the digital dollar.</p>
<p dir="ltr"><img decoding="async" class="size-full wp-image-170597 aligncenter" src="https://coinmuhendisi.com/blog/wp-content/uploads/2025/09/usat.png" alt="" width="1347" height="278" /></p>
<h2 dir="ltr">Tether USAT (USAT) Key Features</h2>
<p dir="ltr">USAT offers distinctive features in the stablecoin ecosystem:</p>
<h3 dir="ltr">1:1 Dollar Peg</h3>
<p dir="ltr">1 USAT is always redeemable for 1 U.S. dollar, fully backed by liquid reserves.</p>
<h3 dir="ltr">Internet-Speed Transactions</h3>
<p dir="ltr">Payments are processed in seconds, eliminating the 3-day wait times of traditional bank transfers.</p>
<h3 dir="ltr">Intermediary-Free Freedom</h3>
<p dir="ltr">Users can send and receive money directly without intermediaries, ensuring full control.</p>
<h3 dir="ltr">U.S. Regulatory Compliance</h3>
<p dir="ltr">Compliant with the GENIUS Act, issued by Anchorage Digital Bank, N.A., and subject to strict regulatory standards.</p>
<h3 dir="ltr">Transparent Reserve Management</h3>
<p dir="ltr">Reserves consist of U.S. Treasury bonds and other liquid assets, managed with a transparency-first approach.</p>
<h3 dir="ltr">Global Accessibility</h3>
<p dir="ltr">Tether’s global distribution network makes USAT an accessible payment tool for businesses and individuals worldwide.</p>
<h3 dir="ltr">Innovative Use Cases</h3>
<p dir="ltr">Designed for e-commerce, freelancer payments, international remittances, and innovative commerce.</p>
<p dir="ltr"><img loading="lazy" decoding="async" class="size-full wp-image-170598 aligncenter" src="https://coinmuhendisi.com/blog/wp-content/uploads/2025/09/usat-1.png" alt="" width="1352" height="275" /></p>
<h2 dir="ltr">How Does Tether USAT (USAT) Work?</h2>
<p dir="ltr">USAT provides a system for users to leverage digital dollars quickly and securely:</p>
<ol class="tight" dir="ltr" data-tight="true">
<li>
<p dir="ltr"><strong>Acquisition</strong>: Businesses and individuals can obtain USAT through Tether’s global distribution network or supported platforms.</p>
</li>
<li>
<p dir="ltr"><strong>Usage</strong>: USAT can be used for online payments, international remittances, or trading, with transactions completed in seconds.</p>
</li>
<li>
<p dir="ltr"><strong>Redemption</strong>: 1 USAT is always redeemable for 1 U.S. dollar through Anchorage Digital Bank, N.A.</p>
</li>
<li>
<p dir="ltr"><strong>Reserve Management</strong>: Reserves, consisting of U.S. Treasury bonds and other liquid assets, are held by Cantor Fitzgerald.</p>
</li>
<li>
<p dir="ltr"><strong>Technology</strong>: Tether’s Hadron platform supports real-world asset tokenization and ensures secure transactions.</p>
</li>
<li>
<p dir="ltr"><strong>Governance</strong>: USAT operates with transparent and robust governance, compliant with U.S. regulations.</p>
</li>
<li>
<p dir="ltr"><strong>Leadership</strong>: Bo Hines’ appointment as CEO strengthens USAT’s U.S.-centric leadership and regulatory compliance vision.</p>
</li>
</ol>
<h2 dir="ltr">Tether USAT (USAT) Benefits to Stakeholders</h2>
<ul class="tight" dir="ltr" data-tight="true">
<li>
<p dir="ltr"><strong>Users</strong>: Gain financial freedom with fast, low-cost, and intermediary-free transactions.</p>
</li>
<li>
<p dir="ltr"><strong>Businesses</strong>: Receive instant payments, facilitating e-commerce and international trade.</p>
</li>
<li>
<p dir="ltr"><strong>Innovators</strong>: Provides a robust financial infrastructure for next-generation American commerce.</p>
</li>
<li>
<p dir="ltr"><strong>Financial Institutions</strong>: Offer innovative payment solutions through USAT integration.</p>
</li>
</ul>
<h2 dir="ltr">Tether USAT (USAT) Tokenomics</h2>
<p dir="ltr">USAT is a fixed-value stablecoin:</p>
<ul class="tight" dir="ltr" data-tight="true">
<li>
<p dir="ltr"><strong>Token Name</strong>: Tether USAT (USAT)</p>
</li>
<li>
<p dir="ltr"><strong>Token Type</strong>: Stablecoin (Pegged to the U.S. Dollar)</p>
</li>
<li>
<p dir="ltr"><strong>Total Supply</strong>: Variable, based on reserve assets</p>
</li>
<li>
<p dir="ltr"><strong>Reserve Assets</strong>:</p>
<ul class="tight" dir="ltr" data-tight="true">
<li>
<p dir="ltr">U.S. Treasury bonds</p>
</li>
<li>
<p dir="ltr">Other liquid assets (held by Cantor Fitzgerald)</p>
</li>
</ul>
</li>
<li>
<p dir="ltr"><strong>Use Cases</strong>:</p>
<ul class="tight" dir="ltr" data-tight="true">
<li>
<p dir="ltr"><strong>Payments</strong>: Online shopping, international remittances, and commercial transactions.</p>
</li>
<li>
<p dir="ltr"><strong>Redemption</strong>: One-to-one redemption for U.S. dollars.</p>
</li>
<li>
<p dir="ltr"><strong>Trading</strong>: Utilization in global payment networks.</p>
</li>
</ul>
</li>
</ul>
<p><img loading="lazy" decoding="async" class="size-full wp-image-170602 aligncenter" src="https://coinmuhendisi.com/blog/wp-content/uploads/2025/09/usat-3.png" alt="" width="1351" height="210" /></p>
<h2 dir="ltr">Tether USAT (USAT) Roadmap</h2>
<p dir="ltr">USAT follows these steps to bolster the digital dollar’s dominance:</p>
<ul class="tight" dir="ltr" data-tight="true">
<li>
<p dir="ltr"><strong>2025</strong>: Launch of USAT and entry into the U.S. market, compliant with the GENIUS Act.</p>
</li>
<li>
<p dir="ltr"><strong>Future</strong>: Expansion through Tether’s global distribution network and integration of new use cases.</p>
</li>
</ul>
<h2 dir="ltr">Tether USAT (USAT) Investors and Partners</h2>
<p dir="ltr">USAT is developed under Tether’s leadership and issued by Anchorage Digital Bank, N.A. Cantor Fitzgerald serves as the reserve custodian and primary dealer. Tether’s global distribution network expands USAT’s reach, while the Hadron platform strengthens its technological infrastructure. Bo Hines’ appointment as CEO underscores the project’s alignment with U.S. regulatory priorities.</p>
<h2 dir="ltr">Tether USAT (USAT) Team</h2>
<p dir="ltr">USAT is managed by Tether’s experienced team. Bo Hines, former Executive Director of the White House Crypto Council and an entrepreneur, has been appointed as USAT’s CEO. Tether’s CEO, Paolo Ardoino, shapes the project’s vision, while Anchorage Digital Bank, N.A. oversees the regulated issuance process. Tether, with over $13 billion in profits in 2024 and ranking 18th among U.S. Treasury holders, supports USAT with a robust financial foundation.</p>
<p dir="ltr"><img loading="lazy" decoding="async" class=" wp-image-170600 aligncenter" src="https://coinmuhendisi.com/blog/wp-content/uploads/2025/09/usat-team.jpg" alt="" width="375" height="220" /></p>
<h2 dir="ltr">Official Links</h2>
<ul>
<li dir="ltr"><a href="https://usat.io/">Website</a></li>
<li dir="ltr"><a href="https://x.com/USAT_io">X (Twitter)</a></li>
</ul>
<p><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our <a href="https://t.me/coinengineernews" target="_blank" rel="nofollow noopener">Telegram, </a><a href="https://www.youtube.com/@CoinEngineer" target="_blank" rel="nofollow noopener">YouTube</a>, and <a href="https://twitter.com/coinengineers" target="_blank" rel="nofollow noopener">Twitter</a> channels for the latest <a title="News" href="https://coinengineer.net/blog/news/" data-internallinksmanager029f6b8e52c="7">news</a> and updates.</em></p>
<p>The post <a href="https://coinengineer.net/blog/what-is-tether-usat-usat/">What is Tether USAT (USAT)?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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		<title>Tether Denies Bitcoin Sell-Off Rumors!</title>
		<link>https://coinengineer.net/blog/tether-denies-bitcoin-sell-off-rumors/</link>
					<comments>https://coinengineer.net/blog/tether-denies-bitcoin-sell-off-rumors/#respond</comments>
		
		<dc:creator><![CDATA[Yigit Taha OZTURK]]></dc:creator>
		<pubDate>Sun, 07 Sep 2025 15:00:40 +0000</pubDate>
				<category><![CDATA[Crypto News]]></category>
		<category><![CDATA[EN]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[binance]]></category>
		<category><![CDATA[bitcoin]]></category>
		<category><![CDATA[btc]]></category>
		<category><![CDATA[crypto market]]></category>
		<category><![CDATA[Paolo Ardoino]]></category>
		<category><![CDATA[Samson Mow]]></category>
		<category><![CDATA[stablecoin]]></category>
		<category><![CDATA[tether]]></category>
		<category><![CDATA[Twenty One Capital]]></category>
		<category><![CDATA[usdt]]></category>
		<guid isPermaLink="false">https://coinengineer.net/blog/?p=50394</guid>

					<description><![CDATA[<p>Rumors can often stir strong reactions in the crypto markets, and the latest speculation around Tether’s Bitcoin holdings was no exception. However, the stablecoin issuer’s leadership has moved quickly to clarify the situation. “We Didn’t Sell Any Bitcoin” Tether CEO Paolo Ardoino stated on Sunday that the company had not sold any of its Bitcoin</p>
<p>The post <a href="https://coinengineer.net/blog/tether-denies-bitcoin-sell-off-rumors/">Tether Denies Bitcoin Sell-Off Rumors!</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p data-start="2606" data-end="2843">Rumors can often stir strong reactions in the crypto markets, and the latest speculation around <strong data-start="2702" data-end="2712">Tether</strong>’s <strong data-start="2715" data-end="2726">Bitcoin</strong> holdings was no exception. However, the stablecoin issuer’s leadership has moved quickly to clarify the situation.</p>
<h2 data-start="2845" data-end="2878">“We Didn’t Sell Any Bitcoin”</h2>
<p data-start="2879" data-end="3242"><strong>Tether</strong> CEO Paolo Ardoino stated on Sunday that the company had not sold any of its <strong data-start="2962" data-end="2973">Bitcoin</strong> holdings. Instead, Tether continues to allocate profits into Bitcoin, gold, and land acquisitions. His statement directly countered claims made by YouTuber Clive Thompson, who cited a decline in Tether’s <strong>BTC</strong> reserves from 92,650 to 83,274 between Q1 and Q2 2025.</p>
<p data-start="2879" data-end="3242"><em>You Might Be Interested In: <span style="color: #0000ff;"><a style="color: #0000ff;" href="https://coinengineer.net/blog/sonic-svm-research-can-new-stablecoins-shake-up-the-old-order/">Sonic SVM Research: Can New Stablecoins Shake Up the Old Order?</a></span></em></p>
<p data-start="3244" data-end="3394">Jan3 CEO Samson Mow debunked this theory, explaining that the shift was due to a transfer of 19,800 BTC to Twenty One Capital (XXI), not a sell-off.</p>
<h2 data-start="3396" data-end="3427">Transfers to XXI Explained</h2>
<p data-start="3428" data-end="3714">According to Mow, <strong>Tether</strong> moved 14,000 BTC in June and 5,800 BTC in July to support XXI, a Bitcoin-native financial platform. If those transfers are included, Tether’s overall Bitcoin position actually increased. Ardoino reaffirmed this, emphasizing that the BTC was <em>“moved, not sold.”</em></p>
<p data-start="3716" data-end="3844">Currently, Tether holds more than 100,521 <strong data-start="3758" data-end="3769">Bitcoin</strong>, worth approximately $11.17 billion, according to BitcoinTreasuries.NET.</p>
<h2 data-start="3846" data-end="3883">El Salvador Boosts Gold Reserves</h2>
<p data-start="3884" data-end="4206">Meanwhile, El Salvador made headlines with a separate reserve diversification strategy. The country added 13,999 ounces of gold, worth $50 million, marking its first gold purchase since 1990. Previously, El Salvador built a <strong data-start="4108" data-end="4119">Bitcoin</strong> reserve of 6,292 BTC, though no new BTC purchases have been reported since February.</p>
<p data-start="3884" data-end="4206"><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our <span style="color: #0000ff;"><a href="https://t.me/coinengineernews">Telegram</a><span style="color: #000000;">,</span> <a style="color: #0000ff;" href="https://www.youtube.com/@CoinEngineer" target="_blank" rel="noreferrer noopener nofollow">YouTube</a></span><span style="color: #000000;">,</span> and <a href="https://twitter.com/coinengineers" target="_blank" rel="nofollow noopener"><span style="color: #0000ff;">Twitter</span></a> channels for the latest<span style="color: #0000ff;"> <a style="color: #0000ff;" title="News" href="https://coinengineer.net/blog/news/" data-internallinksmanager029f6b8e52c="7">news</a></span> and updates.</em></p>
<p>The post <a href="https://coinengineer.net/blog/tether-denies-bitcoin-sell-off-rumors/">Tether Denies Bitcoin Sell-Off Rumors!</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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		<title>Did Tether Sell Bitcoin? CEO Statement and 2025 Report Insights</title>
		<link>https://coinengineer.net/blog/tether-bitcoin-sale-ceo-report-2025/</link>
					<comments>https://coinengineer.net/blog/tether-bitcoin-sale-ceo-report-2025/#respond</comments>
		
		<dc:creator><![CDATA[Yeliz Akmaca]]></dc:creator>
		<pubDate>Sun, 07 Sep 2025 12:54:22 +0000</pubDate>
				<category><![CDATA[EN]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Altcoin Trends]]></category>
		<category><![CDATA[Bitcoin Reserves]]></category>
		<category><![CDATA[crypto market]]></category>
		<category><![CDATA[gold strategy]]></category>
		<category><![CDATA[Paolo Ardoino]]></category>
		<category><![CDATA[stablecoin news]]></category>
		<category><![CDATA[tether investment]]></category>
		<category><![CDATA[USDT reserves]]></category>
		<category><![CDATA[xaut token]]></category>
		<category><![CDATA[xxi capital]]></category>
		<guid isPermaLink="false">https://coinengineer.net/blog/?p=50387</guid>

					<description><![CDATA[<p>Tether’s Bitcoin reserves have sparked intense debate recently. Some analysts misinterpreted BDO’s Q2 report, claiming the company sold BTC for gold. However, the data shows a different picture. Tether did not sell any Bitcoin and instead transferred assets to XXI Capital, which explains the misreading of the report.  Bitcoin Reserves and Transfers At the end</p>
<p>The post <a href="https://coinengineer.net/blog/tether-bitcoin-sale-ceo-report-2025/">Did Tether Sell Bitcoin? CEO Statement and 2025 Report Insights</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span data-c><strong>Tether’s Bitcoin reserves</strong> have sparked intense debate recently. Some analysts misinterpreted BDO’s Q2 report, claiming the company sold BTC for gold. However, the data shows a different picture. Tether did not sell any Bitcoin and instead transferred assets to XXI Capital, which explains the misreading of the <a href="https://tether.io/news/tether-issues-20b-in-usdt-ytd-becomes-one-of-largest-u-s-debt-holders-with-127b-in-treasuries-net-profit-4-9b-in-q2-2025-attestation-report/?utm_source"><strong>report</strong></a>.</span><span data-ccp-props="{}"> </span></p>
<h2><span data-c>Bitcoin Reserves and Transfers</span></h2>
<p><span data-c>At the end of Q1 2025, Tether held 92,650 BTC. By Q2 2025, this number dropped to 83,274 BTC. At first glance, it looked like a sale. However, on June 2, 14,000 BTC, and in July, an additional 5,800 BTC, were transferred to XXI Capital. In total, 19,800 BTC were allocated to Tether’s new initiatives, meaning the report underestimated the actual reserves.</span><span data-ccp-props="{}"> </span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
<p lang="en" dir="ltr">Correct. <br />Tether didn&#39;t sell any Bitcoin. As Samson says below, it contributed part of its stash into XXI.</p>
<p>While the world continues to get darker, Tether will continue to invest part of its profits into safe assets like Bitcoin, Gold and Land. </p>
<p>Tether is the Stable Company. <a href="https://t.co/4KxdeNEsOE">https://t.co/4KxdeNEsOE</a></p>
<p>&mdash; Paolo Ardoino <img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f916.png" alt="🤖" class="wp-smiley"  /> (@paoloardoino) <a href="https://twitter.com/paoloardoino/status/1964655589298225416?ref_src=twsrc%5Etfw">September 7, 2025</a></p></blockquote>
<p></p>
<h2><span data-c>Tether’s Bitcoin and Gold Strategy</span></h2>
<p><span data-c><strong>Tether CEO Paolo Ardoino</strong> clearly denied the claims. He confirmed that no BTC was sold and that transfers to XXI Capital were planned moves. Additionally, Tether continues investing in both Bitcoin and gold simultaneously. Q2 2025 data shows gold reserves reaching $8.7 billion, while combined gains from Bitcoin and gold totaled $2.6 billion.</span><span data-ccp-props="{}"> </span></p>
<p><span data-c>Tether’s gold strategy extends beyond simple investments. The company injected $100 million into Elemental and played a role in its merger with competitor EMX. It also engaged with Terranova Resources, based in the British Virgin Islands, though no agreement was reached. Tether operates its gold-backed token XAUt and provides short-term financing for commodity trade, creating a multi-billion-dollar portfolio. Meanwhile, similar initiatives are rising across the industry. Nasdaq-listed Blue Gold plans to issue digital tokens for future production from its Ghanaian mine.</span><span data-ccp-props="{}"> </span></p>
<p><span data-c>Tether continues diversifying beyond crypto markets into real assets, with investments in <strong>gold mining</strong> and refining. Total Bitcoin holdings, including XXI Capital, now exceed 100,000 BTC, maintaining Tether’s strong position in the crypto ecosystem.</span><span data-ccp-props="{}"> </span></p>
<p><span data-c>Ultimately, Tether neither sold Bitcoin nor reduced its reserves. This ensures stable growth across both crypto holdings and tangible assets.</span><span data-ccp-props="{}"> </span></p>
<p><span data-ccp-props="{}"> </span>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our <strong><a href="https://t.me/coinengineernews" target="_blank" rel="nofollow noopener">Telegram, </a><a href="https://www.youtube.com/@CoinEngineer" target="_blank" rel="nofollow noopener">YouTube</a></strong><strong>,</strong> and <strong><a href="https://twitter.com/coinengineers" target="_blank" rel="nofollow noopener">Twitter</a></strong><strong> </strong>channels for the latest <strong><a href="https://coinengineer.net/blog/news/">news</a></strong><strong> </strong>and updates.</p>
<p>The post <a href="https://coinengineer.net/blog/tether-bitcoin-sale-ceo-report-2025/">Did Tether Sell Bitcoin? CEO Statement and 2025 Report Insights</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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		<title>What is Plasma (XPL)?</title>
		<link>https://coinengineer.net/blog/what-is-plasma-xpl/</link>
					<comments>https://coinengineer.net/blog/what-is-plasma-xpl/#respond</comments>
		
		<dc:creator><![CDATA[Emre Yumlu]]></dc:creator>
		<pubDate>Fri, 22 Aug 2025 13:45:14 +0000</pubDate>
				<category><![CDATA[DeFi Projects]]></category>
		<category><![CDATA[Project review]]></category>
		<category><![CDATA[bitcoin]]></category>
		<category><![CDATA[btc]]></category>
		<category><![CDATA[foundry]]></category>
		<category><![CDATA[hardhat]]></category>
		<category><![CDATA[layer 1]]></category>
		<category><![CDATA[metamask]]></category>
		<category><![CDATA[Paolo Ardoino]]></category>
		<category><![CDATA[Plasma]]></category>
		<category><![CDATA[stablecoins]]></category>
		<category><![CDATA[USDC]]></category>
		<category><![CDATA[usdt]]></category>
		<category><![CDATA[what is plasma]]></category>
		<category><![CDATA[XPL]]></category>
		<category><![CDATA[xpl coin]]></category>
		<category><![CDATA[XPL token]]></category>
		<guid isPermaLink="false">https://coinengineer.net/blog/?p=48737</guid>

					<description><![CDATA[<p>Plasma (XPL) is a high-performance Layer 1 blockchain engineered specifically for global stablecoin payments. So, let&#8217;s take a look at what Plasma (XPL) is, what kind of tokenomics does it have, what solutions does it offer, and who makes up its team? What Is Plasma (XPL)? With stablecoins driving over $250 billion in market supply</p>
<p>The post <a href="https://coinengineer.net/blog/what-is-plasma-xpl/">What is Plasma (XPL)?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p dir="ltr"><strong>Plasma (XPL)</strong> is a high-performance Layer 1 <strong>blockchain</strong> engineered specifically for global <a href="https://coinengineer.net/blog/metamask-launches-its-own-stablecoin-metamask-usd-musd/"><strong>stablecoin</strong> </a>payments. So, let&#8217;s take a look at <strong>what Plasma (XPL) is</strong>, what kind of tokenomics does it have, what solutions does it offer, and who makes up its team?</p>
<h2 dir="ltr">What Is Plasma (XPL)?</h2>
<p dir="ltr">With <strong>stablecoins</strong> driving over $250 billion in market supply and trillions in monthly transaction volume, Plasma addresses their unique needs through zero-fee <strong>USD₮</strong> transfers, customizable gas tokens, support for confidential payments, and unparalleled scalability for global adoption.</p>
<p dir="ltr">Unlike traditional blockchains that struggle with high-volume, low-cost payment systems due to their lack of stablecoin optimization, Plasma is purpose-built to deliver scalability, reliability, and low latency. By embedding stablecoin functionality at the protocol level, it aims to provide a secure, rapid, and user-centric experience for developers and users alike.</p>
<p dir="ltr"><img loading="lazy" decoding="async" class="size-full wp-image-166745 aligncenter" src="https://coinmuhendisi.com/blog/wp-content/uploads/2025/08/plasma-XPL-scaled.png" alt="" width="2560" height="1440" /></p>
<h2 dir="ltr">Why Choose Plasma?</h2>
<p dir="ltr"><strong>Plasma</strong> stands out by offering an infrastructure tailored for <strong>stablecoin</strong> transactions, overcoming the shortcomings of conventional blockchains that weren’t designed with stablecoin demands in mind. It tackles performance bottlenecks in high-throughput, cost-efficient payment systems with the following key features:</p>
<ul class="tight" dir="ltr" data-tight="true">
<li>
<p dir="ltr"><strong>Stablecoin-Centric Design</strong>: Optimized for high-volume, low-cost payments, Plasma ensures scalability, speed, and reliability to meet global stablecoin demands.</p>
</li>
<li>
<p dir="ltr"><strong>Native Features</strong>: Zero-fee <strong>USD₮</strong> transfers, customizable gas tokens, and confidential payment options empower developers to create seamless, cost-effective, and private user experiences.</p>
</li>
<li>
<p dir="ltr"><strong>Deep Liquidity</strong>: Launching with over $1 billion in <strong>USD₮</strong> liquidity, Plasma positions itself as one of the most liquid stablecoin networks globally, enabling developers to tap into robust liquidity from day one.</p>
</li>
<li>
<p dir="ltr"><strong>EVM Compatibility</strong>: Fully compatible with the <strong>Ethereum</strong> Virtual Machine (EVM), Plasma allows developers to deploy contracts using familiar tools like <strong>Hardhat</strong>, <strong>Foundry</strong>, and <strong>MetaMask</strong>, streamlining development workflows.</p>
</li>
<li>
<p dir="ltr"><strong>Integrated Stablecoin Infrastructure</strong>: Plasma provides access to top-tier infrastructure, including card issuance, global on- and off-ramps, stablecoin orchestration, and advanced risk and compliance tools, all supported by trusted third-party providers.</p>
</li>
<li>
<p dir="ltr"><strong>Native Bitcoin Bridge</strong>: A trust-minimized bridge enables developers to move <strong>BTC</strong> directly into the EVM environment without centralized custodians, unlocking innovative applications at the intersection of stablecoins and the world’s largest digital asset.</p>
</li>
</ul>
<h2 dir="ltr">What Can You Build on Plasma?</h2>
<p dir="ltr">Plasma equips developers with a robust foundation to create global-scale stablecoin payment systems and financial applications. Using familiar tools like <strong>Hardhat</strong>, <strong>Foundry</strong>, and <strong>MetaMask</strong>, developers can deploy applications and protocols with ease. Plasma’s protocol-level contracts are designed for zero-fee <strong>USD₮</strong> transfers, customizable gas tokens, and confidential payments, aligning with EIP-4337 and EIP-7702 smart account standards. These features are set to integrate more deeply with block-building and execution processes over time. From wallets to foreign exchange systems or consumer-facing applications, Plasma offers the speed, liquidity, and flexibility needed to operate at a global scale.</p>
<h3 dir="ltr">Use Cases</h3>
<ul class="tight" dir="ltr" data-tight="true">
<li>
<p dir="ltr"><strong>Remittances</strong>: Instant, low-cost cross-border transfers without intermediaries.</p>
</li>
<li>
<p dir="ltr"><strong>Micropayments</strong>: Automated, low-fee micropayments for internet-native economies.</p>
</li>
<li>
<p dir="ltr"><strong>Global Payouts</strong>: Seamless, borderless payments to employees and partners worldwide.</p>
</li>
<li>
<p dir="ltr"><strong>Merchant Acceptance</strong>: Enables merchants to accept global payments with instant settlement and reduced fees.</p>
</li>
<li>
<p dir="ltr"><strong>Dollar Access</strong>: Permissionless access to dollars in unstable economies.</p>
</li>
<li>
<p dir="ltr"><strong>Permissionless Banking</strong>: Open access to saving, spending, and earning without traditional banks.</p>
</li>
</ul>
<p><img loading="lazy" decoding="async" class="size-full wp-image-166744 alignright" src="https://coinmuhendisi.com/blog/wp-content/uploads/2025/08/plasma.png" alt="" width="1000" height="600" /></p>
<h2 dir="ltr">Technical Architecture</h2>
<p dir="ltr">Plasma’s infrastructure is built on three core components:</p>
<ol class="tight" dir="ltr" data-tight="true">
<li>
<p dir="ltr"><strong>PlasmaBFT Consensus Layer</strong>: Powered by a pipelined Fast HotStuff consensus algorithm, PlasmaBFT processes proposals, votes, and commits concurrently, delivering high throughput, low latency, and deterministic finality within seconds. Optimized for stablecoin workloads, it ensures Byzantine fault tolerance for global-scale performance.</p>
</li>
<li>
<p dir="ltr"><strong>EVM Execution Layer</strong>: Built on <strong>Reth</strong>, a high-performance, modular <strong>Ethereum</strong> execution client written in Rust, Plasma’s EVM environment supports standard Solidity contracts with full compatibility for existing wallets, SDKs, and developer frameworks, eliminating the need for custom tools.</p>
</li>
<li>
<p dir="ltr"><strong>Native Bitcoin Bridge</strong>: A trust-minimized, non-custodial bridge allows <strong>BTC</strong> to be integrated into the EVM ecosystem, enabling smart contract interactions, collateral systems, and cross-asset flows for innovative financial applications.</p>
</li>
</ol>
<h2 dir="ltr">Stablecoin-Native Contracts</h2>
<p dir="ltr">Plasma provides protocol-managed contracts tailored for stablecoin use cases, rigorously audited and designed for integration with smart account wallets. These contracts evolve with the protocol and are built for deeper execution-layer integration:</p>
<ul class="tight" dir="ltr" data-tight="true">
<li>
<p dir="ltr"><strong>Zero-Fee USD₮ Transfers</strong>: A paymaster contract covers gas costs for <strong>USD₮</strong> transfers, using lightweight identity verification (e.g., zkEmail) and rate limits to ensure security and prevent spam.</p>
</li>
<li>
<p dir="ltr"><strong>Custom Gas Tokens</strong>: A secure, fee-free ERC-20 paymaster allows approved tokens to be used for gas payments, removing the need for users to acquire native tokens.</p>
</li>
<li>
<p dir="ltr"><strong>Confidential Payments</strong>: A privacy-preserving module for <strong>USD₮</strong> transfers shields amounts, recipient addresses, and memo data while ensuring regulatory compliance, designed for practical financial use cases like payroll and private settlements.</p>
</li>
</ul>
<h2 dir="ltr">Plasma (XPL) Tokenomics</h2>
<p dir="ltr"><strong>XPL</strong> is the native token of the Plasma <strong>blockchain</strong>, used for transaction execution, network security, and validator rewards. The initial supply is 10 billion <strong>XPL</strong>, distributed as follows:</p>
<ul class="tight" dir="ltr" data-tight="true">
<li>
<p dir="ltr"><strong>Public Sale</strong>: 10% (1 billion XPL), allocated through a public sale. Non-US buyers’ tokens are unlocked at the mainnet beta launch, while US buyers face a 12-month lockup until July 28, 2026.</p>
</li>
<li>
<p dir="ltr"><strong>Ecosystem and Growth</strong>: 40% (4 billion XPL), dedicated to strategic initiatives to boost network utility, liquidity, and institutional adoption. 8% unlocks at launch, with the remaining 32% unlocking monthly over three years.</p>
</li>
<li>
<p dir="ltr"><strong>Team</strong>: 25% (2.5 billion XPL), incentivizing current and future team members. One-third unlocks after a one-year cliff from the mainnet beta launch, with the rest unlocking monthly over two years.</p>
</li>
<li>
<p dir="ltr"><strong>Investors</strong>: 25% (2.5 billion XPL), following the same unlock schedule as the team.</p>
</li>
</ul>
<p><img loading="lazy" decoding="async" class="size-full wp-image-166743 aligncenter" src="https://coinmuhendisi.com/blog/wp-content/uploads/2025/08/plasma-xpl-tokenomics-scaled.jpg" alt="" width="2560" height="1440" /></p>
<h3 dir="ltr">Validator Network and Inflation</h3>
<p dir="ltr">Plasma operates on a Proof-of-Stake (PoS) model, where validators secure the network by confirming transactions. Future stake delegation will allow <strong>XPL</strong> holders to delegate tokens to validators and share rewards. Inflation starts at 5% annually, decreasing by 0.5% each year until reaching a 3% baseline. Transaction fees are burned per the EIP-1559 model to balance inflation and limit long-term dilution.</p>
<p dir="ltr"><img loading="lazy" decoding="async" class="size-full wp-image-166746 aligncenter" src="https://coinmuhendisi.com/blog/wp-content/uploads/2025/08/vesting-scaled.jpg" alt="" width="2560" height="1440" /></p>
<h2 dir="ltr">Plasma (XPL) Investors</h2>
<p dir="ltr">Plasma raised $24 million at a $500 million valuation, backed by leading venture capital firms and angel investors. Key investors include <strong>Founders Fund</strong>, <strong>Framework Ventures</strong>, <strong>Bitfinex</strong>, 6th Man Ventures, Flow Traders, Laser Digital, Karatage, Anthos Capital, Manifold, DRW Venture Capital, and prominent individuals like <strong>Peter Thiel</strong>, Paolo Ardoino, Guy Young, Christian Angermayer, Zaheer, and Cobie. This robust investor backing fuels Plasma’s mission to redefine global financial systems.</p>
<p dir="ltr"><img loading="lazy" decoding="async" class="size-full wp-image-166741 aligncenter" src="https://coinmuhendisi.com/blog/wp-content/uploads/2025/08/plasma-investors.png" alt="" width="1034" height="262" /></p>
<h2 dir="ltr">Plasma (XPL) Team</h2>
<p dir="ltr">The Plasma team comprises seasoned industry leaders. Founder <strong>Paul Faecks</strong> shapes the platform’s vision, while CTO <strong>Hans Walter Behrens</strong> oversees technical development. COO <strong>Lucid</strong> manages operational processes, Ecosystem Head <strong>Vincent Rong</strong> drives ecosystem growth, and Head of Growth <strong>Nathan Lenga</strong> spearheads expansion strategies. Together, they position Plasma as a leading <strong>blockchain</strong> for stablecoin payments.</p>
<p dir="ltr"><img loading="lazy" decoding="async" class="size-full wp-image-166740 aligncenter" src="https://coinmuhendisi.com/blog/wp-content/uploads/2025/08/plasma-team.png" alt="" width="1065" height="319" /></p>
<p dir="ltr">Plasma delivers a revolutionary solution for global <strong>stablecoin</strong> payments with zero-fee <strong>USD₮</strong> transfers, high-performance infrastructure, and compatibility with <strong>Bitcoin</strong> and <strong>Ethereum</strong>. By empowering developers and users with speed, liquidity, and flexibility, Plasma aims to reshape the future of finance at internet speed.</p>
<h2 dir="ltr">Official Links</h2>
<ul>
<li><a href="https://www.plasma.to/">Website</a></li>
<li><a href="https://x.com/PlasmaFDN">X (Twitter)</a></li>
<li><a href="https://docs.plasma.to/docs/get-started/introduction/start-here">Whitepaper</a></li>
</ul>
<p><em>Also, in the comment section, you can freely share your comments and opinions about the topic. Additionally, don’t forget to follow us on <a href="https://t.me/coinengineernews" target="_blank" rel="noreferrer noopener nofollow"><strong>Telegram</strong></a>, <a href="https://www.youtube.com/@CoinEngineer" target="_blank" rel="noreferrer noopener nofollow"><strong>YouTube</strong></a> and <a href="https://twitter.com/coinengineers" target="_blank" rel="nofollow noopener"><strong>Twitter</strong></a> for the latest <a title="News" href="https://coinengineer.net/blog/news/" data-internallinksmanager029f6b8e52c="7">news</a> and updates.</em></p>
<p>The post <a href="https://coinengineer.net/blog/what-is-plasma-xpl/">What is Plasma (XPL)?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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		<title>Satoshi Nakamoto Statue Retrieved from Lake Lugano</title>
		<link>https://coinengineer.net/blog/satoshi-nakamoto-statue-retrieved-from-lake-lugano/</link>
					<comments>https://coinengineer.net/blog/satoshi-nakamoto-statue-retrieved-from-lake-lugano/#respond</comments>
		
		<dc:creator><![CDATA[Emre Yumlu]]></dc:creator>
		<pubDate>Mon, 04 Aug 2025 11:00:08 +0000</pubDate>
				<category><![CDATA[Crypto News]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[bitcoin]]></category>
		<category><![CDATA[found]]></category>
		<category><![CDATA[Lake Lugano]]></category>
		<category><![CDATA[Nakamoto]]></category>
		<category><![CDATA[Paolo Ardoino]]></category>
		<category><![CDATA[satoshi]]></category>
		<category><![CDATA[satoshigallery]]></category>
		<category><![CDATA[statue]]></category>
		<category><![CDATA[stolen]]></category>
		<category><![CDATA[Switzerland]]></category>
		<category><![CDATA[tether ceo]]></category>
		<category><![CDATA[Valentina Picozzi]]></category>
		<guid isPermaLink="false">https://coinengineer.net/blog/?p=47328</guid>

					<description><![CDATA[<p>The iconic statue dedicated to Bitcoin’s mysterious creator, Satoshi Nakamoto, and recognized globally as a symbol of the crypto community, has resurfaced after a recent incident in Lugano, Switzerland. The statue, which was reported stolen over the weekend, was found by municipal workers submerged in Lake Lugano. According to a statement from the art collective</p>
<p>The post <a href="https://coinengineer.net/blog/satoshi-nakamoto-statue-retrieved-from-lake-lugano/">Satoshi Nakamoto Statue Retrieved from Lake Lugano</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p data-start="215" data-end="734">The iconic statue dedicated to <strong data-start="246" data-end="257">Bitcoin</strong>’s mysterious creator, <a href="https://coinengineer.net/blog/satoshi-statue-in-lugano-stolen-0-1-btc-will-be-given-to-the-one-who-brings-it-back/"><strong>Satoshi Nakamoto</strong></a>, and recognized globally as a symbol of the crypto community, has resurfaced after a recent incident in Lugano, Switzerland. The statue, which was reported stolen over the weekend, was found by municipal workers submerged in Lake Lugano. According to a statement from the art collective <em data-start="586" data-end="602">Satoshigallery</em>, the statue had been removed from its place in Parco Ciani, a park near the lake, and thrown into the water after being dismantled.</p>
<h2 data-start="736" data-end="761">Statue Found in Pieces</h2>
<p data-start="763" data-end="1186">The statue was retrieved from the lake in several broken parts by Lugano city workers, indicating the event may have been an act of vandalism rather than theft. It was noted that the statue had only been welded to the base at two points on its feet, making it relatively easy to detach. Following its disappearance, Satoshigallery offered a reward of <strong data-start="1114" data-end="1125">0.1 BTC</strong> (approximately $11,000) to anyone who could help recover it.</p>
<p data-start="763" data-end="1186"><img loading="lazy" decoding="async" class=" wp-image-164296 aligncenter" src="https://coinmuhendisi.com/blog/wp-content/uploads/2025/08/nakamoto-heykeli.png" alt="" width="493" height="278" /></p>
<h2 data-start="1188" data-end="1237">“You Can Steal Our Symbol, But Never Our Soul”</h2>
<p data-start="1239" data-end="1709">Created by Italian artist and <strong data-start="1269" data-end="1280">Bitcoin</strong> advocate <em data-start="1290" data-end="1309">Valentina Picozzi</em>, the statue was unveiled in October 2024 and had since become a strong emblem of the Bitcoin community. According to the artist, the planning and construction of the statue took a total of 21 months. The attack drew strong reactions from the community. <em data-start="1563" data-end="1576">Pointsville</em> CEO <em data-start="1581" data-end="1596">Gabor Gurbacs</em> expressed his frustration on X, stating, “Such a tasteless and foolish act… I hope the perpetrators are caught.”</p>
<p data-start="1711" data-end="2223">Some users speculated that intoxicated individuals during the August 1st Swiss National Day celebrations might be responsible for the vandalism. Bitcoin advocate <em data-start="1873" data-end="1881">Gritto</em> shared a similar opinion. <em data-start="1908" data-end="1916">Tether</em> CEO <em data-start="1921" data-end="1936">Paolo Ardoino</em> responded to the statue’s recovery with just a heart emoji. Satoshigallery, on the other hand, released a resilient message saying, “You can steal our symbol, but never our soul.” The collective also reaffirmed its commitment to placing similar statues in 21 locations around the world.</p>
<p data-start="1711" data-end="2223"><em class="darkmysite_style_txt_border darkmysite_processed" data-darkmysite_alpha_bg="rgba(0, 0, 0, 0)">You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our <a class="darkmysite_style_txt_border darkmysite_style_link darkmysite_processed" href="https://t.me/coinengineernews" target="_blank" rel="nofollow noopener" data-darkmysite_alpha_bg="rgba(0, 0, 0, 0)"><strong class="darkmysite_style_txt_border darkmysite_processed" data-darkmysite_alpha_bg="rgba(0, 0, 0, 0)">Telegram, </strong></a><a class="darkmysite_style_txt_border darkmysite_style_link darkmysite_processed" href="https://www.youtube.com/@CoinEngineer" target="_blank" rel="nofollow noopener" data-darkmysite_alpha_bg="rgba(0, 0, 0, 0)"><strong class="darkmysite_style_txt_border darkmysite_processed" data-darkmysite_alpha_bg="rgba(0, 0, 0, 0)">YouTube</strong></a>, and <a class="darkmysite_style_txt_border darkmysite_style_link darkmysite_processed" href="https://twitter.com/coinengineers" target="_blank" rel="nofollow noopener" data-darkmysite_alpha_bg="rgba(0, 0, 0, 0)"><strong class="darkmysite_style_txt_border darkmysite_processed" data-darkmysite_alpha_bg="rgba(0, 0, 0, 0)">Twitter</strong></a> channels for the latest <a class="darkmysite_style_txt_border darkmysite_style_link darkmysite_processed" title="News" href="https://coinengineer.net/blog/news/" data-internallinksmanager029f6b8e52c="7" data-darkmysite_alpha_bg="rgba(0, 0, 0, 0)">news</a> and updates.</em></p>
<p>The post <a href="https://coinengineer.net/blog/satoshi-nakamoto-statue-retrieved-from-lake-lugano/">Satoshi Nakamoto Statue Retrieved from Lake Lugano</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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		<title>Tether Releases Q2 Report: Now One of the Largest U.S. Treasury Holders!</title>
		<link>https://coinengineer.net/blog/tether-releases-q2-report-now-one-of-the-largest-u-s-treasury-holders/</link>
					<comments>https://coinengineer.net/blog/tether-releases-q2-report-now-one-of-the-largest-u-s-treasury-holders/#respond</comments>
		
		<dc:creator><![CDATA[Emre Yumlu]]></dc:creator>
		<pubDate>Thu, 31 Jul 2025 15:00:22 +0000</pubDate>
				<category><![CDATA[Crypto News]]></category>
		<category><![CDATA[News]]></category>
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		<category><![CDATA[bitcoin]]></category>
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		<category><![CDATA[genius act]]></category>
		<category><![CDATA[Paolo Ardoino]]></category>
		<category><![CDATA[tether]]></category>
		<category><![CDATA[Tether International Limited (TIL)]]></category>
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		<category><![CDATA[U.S. Debt Holder]]></category>
		<category><![CDATA[U.S. government debt]]></category>
		<category><![CDATA[usdt]]></category>
		<guid isPermaLink="false">https://coinengineer.net/blog/?p=47147</guid>

					<description><![CDATA[<p>Tether International Limited (TIL) has officially released its attestation report for the second quarter of 2025. Prepared by the independent global auditing firm BDO, the report confirms the accuracy of Tether’s financial data and reserves. As of June 30, 2025, the report offers a transparent and detailed overview of the assets backing USDT. USDT Supply</p>
<p>The post <a href="https://coinengineer.net/blog/tether-releases-q2-report-now-one-of-the-largest-u-s-treasury-holders/">Tether Releases Q2 Report: Now One of the Largest U.S. Treasury Holders!</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p data-start="291" data-end="647"><a href="https://coinengineer.net/blog/tether-freezes-1-6m-usdt-terror-financing/"><strong data-start="291" data-end="329">Tether International Limited (TIL)</strong></a> has officially released its attestation report for the second quarter of 2025. Prepared by the independent global auditing firm <strong data-start="458" data-end="465">BDO</strong>, the report confirms the accuracy of Tether’s financial data and reserves. As of June 30, 2025, the report offers a transparent and detailed overview of the assets backing <strong data-start="638" data-end="646">USDT</strong>.</p>
<h3 data-start="649" data-end="693">USDT Supply Grows by $20 Billion in 2025</h3>
<p data-start="695" data-end="1130">The second quarter of 2025 marked a significant milestone in <strong data-start="756" data-end="785">Tether’s global expansion</strong>. During this period, the company issued over $13.4 billion worth of new <strong data-start="858" data-end="866">USDT</strong>. This brought the total circulating supply to more than $157 billion—representing a $20 billion year-to-date increase. This impressive growth reflects not only the rapid adoption of <strong data-start="1049" data-end="1057">USDT</strong>, but also a deepening global trust in Tether’s stability and operations.</p>
<h3 data-start="1132" data-end="1198">$127 Billion in Treasuries: Tether Among Top U.S. Debt Holders</h3>
<p data-start="1200" data-end="1603">Tether’s exposure to U.S. Treasury securities has now reached a total of $127 billion, including $105.5 billion in <strong data-start="1315" data-end="1334">direct holdings</strong> and another $21.3 billion held <strong data-start="1366" data-end="1380">indirectly</strong>. This figure marks an approximate $8 billion increase from the previous quarter. With this level of investment, Tether is now positioned as one of the largest institutional holders of <strong data-start="1565" data-end="1589">U.S. government debt</strong> in the world.</p>
<p data-start="1605" data-end="1937">Viewed in conjunction with the U.S. government&#8217;s GENIUS Act—designed to support the infrastructure of a <strong data-start="1709" data-end="1727">digital dollar</strong>—Tether’s reserve structure stands out as a strong example of how private innovation can align with public monetary policy. This approach allows for secure, <strong data-start="1884" data-end="1895">onchain</strong> access to U.S. dollar liquidity at scale.</p>
<h3 data-start="1939" data-end="1986">Key Financial Metrics Of Tether (As of June 30, 2025)</h3>
<ul data-start="1988" data-end="2328">
<li data-start="1988" data-end="2026">
<p data-start="1990" data-end="2026"><strong data-start="1990" data-end="2006">Total assets</strong>: $162,574,933,798</p>
</li>
<li data-start="2027" data-end="2125">
<p data-start="2029" data-end="2125"><strong data-start="2029" data-end="2050">Total liabilities</strong>: $157,108,009,474 (of which nearly all relate to issued <strong data-start="2107" data-end="2115">USD₮</strong> tokens)</p>
</li>
<li data-start="2126" data-end="2195">
<p data-start="2128" data-end="2195"><strong data-start="2128" data-end="2157">Assets exceed liabilities</strong>, indicating strong financial health</p>
</li>
<li data-start="2196" data-end="2328">
<p data-start="2198" data-end="2328"><strong data-start="2198" data-end="2213">Investments</strong> in artificial intelligence, renewable energy, and communications infrastructure are not included in token reserves</p>
</li>
</ul>
<h3 data-start="2330" data-end="2358">A Statement from the CEO</h3>
<p data-start="2360" data-end="2427">Tether CEO <strong data-start="2371" data-end="2388">Paolo Ardoino</strong> shared his thoughts on the Q2 results:</p>
<blockquote data-start="2429" data-end="2763">
<p data-start="2431" data-end="2763">“The second quarter of 2025 confirms what markets have been telling us all year long: <strong data-start="2517" data-end="2560">confidence in Tether is growing rapidly</strong>. With over $127 billion in U.S. Treasury exposure, solid <strong data-start="2618" data-end="2629">bitcoin</strong> and gold reserves, and more than $20 billion in newly issued USD₮, we are not merely responding to demand — we are helping shape it.”</p>
</blockquote>
<blockquote data-start="2765" data-end="3067">
<p data-start="2767" data-end="3067">“As regulators define legal frameworks for a digital dollar, Tether already stands as a <strong data-start="2855" data-end="2872">working model</strong> of what is possible: <strong data-start="2894" data-end="2910">transparency</strong>, resilience, and global scalability. USD₮ is delivering the <strong data-start="2971" data-end="3003">stability of the U.S. dollar</strong> to billions — and that mission is now more relevant than ever.”</p>
<hr />
</blockquote>
<p data-start="2767" data-end="3067"><em>In the comment section, you can freely share your thoughts and comments about the topic. Additionally, please don’t forget to follow us on our <a href="https://t.me/coinengineernews" target="_blank" rel="noreferrer noopener"><strong>Telegram</strong>, </a><a href="https://www.youtube.com/@CoinEngineer" target="_blank" rel="noreferrer noopener"><strong>YouTube</strong></a>, and <a href="https://twitter.com/coinengineers"><strong>Twitter</strong></a> channels for the latest news.</em></p>
<p>The post <a href="https://coinengineer.net/blog/tether-releases-q2-report-now-one-of-the-largest-u-s-treasury-holders/">Tether Releases Q2 Report: Now One of the Largest U.S. Treasury Holders!</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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		<title>Tether CEO: World’s Largest Bitcoin Miner by Year-End?</title>
		<link>https://coinengineer.net/blog/tether-bitcoin-mining-vision-2025-qvac/</link>
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		<dc:creator><![CDATA[Yeliz Akmaca]]></dc:creator>
		<pubDate>Fri, 30 May 2025 15:30:30 +0000</pubDate>
				<category><![CDATA[EN]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[AI in crypto]]></category>
		<category><![CDATA[bitcoin mining]]></category>
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		<category><![CDATA[Paolo Ardoino]]></category>
		<category><![CDATA[Paolo Ardoino Bitcoin 2025]]></category>
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		<category><![CDATA[renewable Bitcoin mining El Salvador]]></category>
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		<category><![CDATA[Rumble wallet]]></category>
		<category><![CDATA[stablecoin wallet Rumble]]></category>
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		<category><![CDATA[Tether AI platform QVAC]]></category>
		<category><![CDATA[Tether Bitcoin mining vision]]></category>
		<category><![CDATA[Tether energy investments 2025]]></category>
		<guid isPermaLink="false">https://coinengineer.net/blog/?p=43483</guid>

					<description><![CDATA[<p>At the 2025 Bitcoin Conference, Tether CEO Paolo Ardoino shared the company’s major investments, innovations, and vision for Bitcoin mining.  Big Announcements from Tether at the 2025 Bitcoin Conference  Paolo Ardoino began his speech by stating: “We made $13 billion in profit last year. We currently hold $120 billion in U.S. Treasury assets. We&#8217;ve committed</p>
<p>The post <a href="https://coinengineer.net/blog/tether-bitcoin-mining-vision-2025-qvac/">Tether CEO: World’s Largest Bitcoin Miner by Year-End?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<ul>
<li><span data-c>At the <strong>2025 Bitcoin Conference</strong>, Tether CEO Paolo Ardoino shared the company’s major investments, innovations, and vision for Bitcoin mining.</span><span data-ccp-props="{}"> </span></li>
</ul>
<h2><span data-c>Big Announcements from Tether at the 2025 Bitcoin Conference</span><span data-ccp-props="{}"> </span></h2>
<p><span data-c><strong>Paolo Ardoino</strong> began his speech by stating: “We made <strong>$13 billion</strong> in profit last year. We currently hold<strong> $120 billion</strong> in U.S. Treasury assets. We&#8217;ve committed to serious Bitcoin investments. As a company, we own over 100,000 Bitcoins.” Ardoino emphasized his belief in Bitcoin, saying, “Bitcoin is perfect, gold is flawed.”</span><span data-ccp-props="{}"> </span></p>
<p><span data-c>He also spoke about Tether’s history with <a href="https://coinengineer.net/blog/old-bitcoin-wallets-move-market-impact/"><strong>Bitcoin</strong></a>. “We are a company born with Bitcoin,” he said. “Everyone at our company loves Bitcoin. At our core, we are all Bitcoiners.”</span><span data-ccp-props="{}"> </span></p>
<h2><span data-c>Tether’s Vision for Bitcoin and Energy</span><span data-ccp-props="{}"> </span></h2>
<p><span data-c>Since 2023, <strong>Tether</strong> has been investing in <strong>Bitcoin mining</strong>. The company plans to establish mining facilities powered by <strong>renewable energy</strong> sources in Uruguay, Paraguay, and <strong>El Salvador</strong>. In Uruguay, the focus is on hydroelectric energy, while in <a href="https://coinengineer.net/blog/el-salvador-bitcoin-purchases-imf-warnings-2025/"><strong>El Salvador</strong></a>, they aim to build geothermal energy plants. These facilities are designed to reduce reliance on fossil fuels and enable <strong>mining</strong> with a low carbon footprint. <strong>Tether’s</strong> goal is to control <strong>1%</strong> of the global <strong>Bitcoin hash rate</strong> with these investments.</span><span data-ccp-props="{}"> </span></p>
<p><span data-c>Ardoino announced these plans by saying: </span></p>
<blockquote><p><span data-c>“We’ve invested $2 billion in energy production. <a href="https://coinengineer.net/blog/bitcoin-miners-sell-more-btc-than-produced-2025/"><strong>Bitcoin mining</strong></a> goes beyond this investment. We’re hesitant to say it, but we believe Tether will become the world’s largest <strong>Bitcoin miner</strong> — even among public companies — by the end of the year.”</span><span data-ccp-props="{}"> </span></p></blockquote>
<p><span data-c>He also introduced Tether’s new ventures in artificial intelligence. “Our new <strong>AI systems</strong> are designed for society, not corporations,” he said. He shared his vision: “I want my <strong>AI agent</strong> to have an unsupervised wallet so I can give it some money. It will hold that money and work for me, independent of anyone else&#8217;s rules.” Ardoino added that they recently launched their own AI platform: “It’s called <strong>QVAC</strong>.”</span><span data-ccp-props="{}"> </span></p>
<p><span data-c>In conclusion, he touched on their partnership with Rumble. “We’re collaborating on one of our new projects. First, we’ll support Bitcoin. Then we’ll launch a <strong>Rumble Wallet</strong>, offering a stablecoin wallet for people,” he said.</span><span data-ccp-props="{}"> </span></p>
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<p>The post <a href="https://coinengineer.net/blog/tether-bitcoin-mining-vision-2025-qvac/">Tether CEO: World’s Largest Bitcoin Miner by Year-End?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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		<title>Tether Hits $150 Billion: US Expansion and Local Stablecoin Strategy </title>
		<link>https://coinengineer.net/blog/tether-hits-150b-us-growth-local-stablecoin/</link>
					<comments>https://coinengineer.net/blog/tether-hits-150b-us-growth-local-stablecoin/#respond</comments>
		
		<dc:creator><![CDATA[Yeliz Akmaca]]></dc:creator>
		<pubDate>Tue, 13 May 2025 09:45:14 +0000</pubDate>
				<category><![CDATA[EN]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Artemis]]></category>
		<category><![CDATA[CoinGlass]]></category>
		<category><![CDATA[crypto market]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[Dune]]></category>
		<category><![CDATA[ethereum]]></category>
		<category><![CDATA[investor confidence]]></category>
		<category><![CDATA[local stablecoin]]></category>
		<category><![CDATA[Market cap]]></category>
		<category><![CDATA[Paolo Ardoino]]></category>
		<category><![CDATA[stablecoin]]></category>
		<category><![CDATA[tether]]></category>
		<category><![CDATA[TOKEN2049]]></category>
		<category><![CDATA[tron]]></category>
		<category><![CDATA[US expansion]]></category>
		<category><![CDATA[USDC]]></category>
		<category><![CDATA[usdt]]></category>
		<guid isPermaLink="false">https://coinengineer.net/blog/?p=42240</guid>

					<description><![CDATA[<p>Tether (USDT) has broken records in the cryptocurrency market. The stablecoin’s market capitalization has reached $150 billion for the first time. This success has been fueled by Tether’s expansion efforts in the US market. According to Coinglass data, the circulating supply of USDT has been rapidly increasing. Data from Dune and Artemis shows that active</p>
<p>The post <a href="https://coinengineer.net/blog/tether-hits-150b-us-growth-local-stablecoin/">Tether Hits $150 Billion: US Expansion and Local Stablecoin Strategy </a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span data-c><strong>Tether (USDT)</strong> has broken records in the <strong>cryptocurrency</strong> market. <strong>The stablecoin’s market capitalization</strong> has reached $150 billion for the first time. This success has been fueled by Tether’s expansion efforts in the US market. According to Coinglass data, the circulating supply of <strong>USDT</strong> has been rapidly increasing. Data from <strong>Dune and Artemis</strong> shows that active stablecoin wallets have surged by over 50% in the past year, rising from 19.6 million to 30 million. This growth highlights the global interest in stablecoins.</span><span data-ccp-props="{}"> </span></p>
<h2><span data-c>US Expansion and Local Stablecoin Strategy</span><span data-ccp-props="{}"> </span></h2>
<p><span data-c><strong>Tether</strong> is working to gain a stronger foothold in the US market. The company’s efforts to comply with regulations are supporting its growth. Institutional investors are showing increasing interest in USDT. <strong>Coinglass reports</strong> that USDT trading volume has risen by 20% in recent weeks. Meanwhile, Tether’s CEO Paolo Ardoino’s emphasis on local stablecoins at <strong>Token2049</strong> suggests that the company may develop tailored solutions for new markets. The company is increasing reserve transparency by publishing regular reports, which strengthens investor confidence. <strong>Tether’s</strong> moves in the US are solidifying its global leadership in the stablecoin space. Additionally, Ardoino’s statements at the Token2049 conference in Dubai drew attention. <strong>Ardoino</strong> said:</span></p>
<blockquote><p><span data-c> “A local stablecoin will be different from an international stablecoin.” This points to Tether’s new vision for digital fiat currencies.</span><span data-ccp-props="{}"> </span></p></blockquote>
<h2><span data-c>Competition and Growth in the Stablecoin Sector</span><span data-ccp-props="{}"> </span></h2>
<p><span data-c>That while the <strong>stablecoin</strong> sector experienced a weekly decline of 0.3%, Tether continues to grow. With a<strong> $150 billion market cap</strong>, USDT overshadows its competitors. For instance, USDC’s market cap remains at $35 billion. According to Coinglass, USDT’s supply on Tron has surpassed <strong>Ethereum</strong>, accounting for 48.57%. Furthermore, <strong>Dune and Artemis</strong> data confirm that <strong>stablecoin</strong> wallets have reached 30 million. This indicates that investors seeking stability in the <strong>crypto market</strong> prefer USDT. Tether’s growth is also supported by the broader market recovery.</span><span data-ccp-props="{}"> </span></p>
<p><img loading="lazy" decoding="async" class="alignnone wp-image-42241 size-full" src="https://coinengineer.net/blog/wp-content/uploads/2025/05/Ekran-goruntusu-2025-05-13-005639.png" alt="tether usdt" width="1003" height="641" srcset="https://coinengineer.net/blog/wp-content/uploads/2025/05/Ekran-goruntusu-2025-05-13-005639.png 1003w, https://coinengineer.net/blog/wp-content/uploads/2025/05/Ekran-goruntusu-2025-05-13-005639-300x192.png 300w, https://coinengineer.net/blog/wp-content/uploads/2025/05/Ekran-goruntusu-2025-05-13-005639-768x491.png 768w" sizes="auto, (max-width: 1003px) 100vw, 1003px" /></p>
<p><span data-c>Tether is making a difference in the <a href="https://coinengineer.net/blog/5-major-events-shaping-crypto-market-this-week/"><strong>crypto</strong></a> world with both its US expansion and its local stablecoin vision. Ardoino’s statements prove that the company is charting an innovative roadmap. </span></p>
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<p>The post <a href="https://coinengineer.net/blog/tether-hits-150b-us-growth-local-stablecoin/">Tether Hits $150 Billion: US Expansion and Local Stablecoin Strategy </a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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