The post Tether Invests in Mercado Bitcoin to Grow Tokenized Finance appeared on BitcoinEthereumNews.com.
Tether has invested $20 million in Brazilian crypto platform Mercado Bitcoin to support the company’s expansion into tokenized assets, stablecoin payments, lending and other blockchain-based financial services across Latin America. Since its 2013 launch, Mercado Bitcoin has expanded beyond crypto trading into regulated financial services, including tokenized assets, credit, stablecoin payments and cross-border services. The company said it has more than 4.5 million users, has issued more than 2 billion Brazilian reais (about $370 million) worth of tokenized assets, and operates under nearly a dozen licenses across Brazil and Europe, including a payment institution license from Brazil’s central bank. Tether CEO Paolo Ardoino said Mercado Bitcoin has built one of Latin America’s most comprehensive regulated onchain financial platforms, citing its licensing, tokenization infrastructur
The post International Payment Innovation: Nuvion Embraces Ripple’s RLUSD Stablecoin appeared on BitcoinEthereumNews.com.
Blending the capabilities of blockchain technology with traditional financial systems, Nuvion is shaking up cross-border payments through its latest integration of Ripple‘s RLUSD stablecoin. This development aims to offer a seamless transition between digital and fiat currencies for institutional users seeking swift and cost-effective solutions. Continue Reading:International Payment Innovation: Nuvion Embraces Ripple’s RLUSD Stablecoin Source: https://en.bitcoinhaber.net/international-payment-innovation-nuvion-embraces-ripples-rlusd-stablecoin
The post Tether Injects $20 Million to Bolster Latin America’s Blockchain Finance with Mercado Bitcoin appeared on BitcoinEthereumNews.com.
Tether has made a significant financial commitment to Mercado Bitcoin, a leading crypto platform in Brazil, by injecting $20 million to advance the blockchain financial services landscape in Latin America. This strategic investment aims to enhance Mercado Bitcoin’s capabilities in the realm of tokenized assets, stablecoin payments, and lending solutions, signaling a push towards broadening […] Continue Reading:Tether Injects $20 Million to Bolster Latin America’s Blockchain Finance with Mercado Bitcoin Source: https://en.bitcoinhaber.net/tether-injects-20-million-to-bolster-latin-americas-blockchain-finance-with-mercado-bitcoin
The post Tether Pours $20 Million Into Mercado Bitcoin for Latin American Blockchain Growth appeared on BitcoinEthereumNews.com.
Oliver Dale Editor-in-Chief of Blockonomi and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all.
His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact Oliver@blockonomi.com Source: https://blockonomi.com/tether-pours-20-million-into-mercado-bitcoin-for-latin-american-blockchain-growth/
The post Former Tether CIO Richard Heathcote Plans Stake Sale In Private Deal appeared on BitcoinEthereumNews.com.
Former Tether CIO Richard Heathcote plans to sell part of his 1.26% stake. Private stake sale could offer a rare look at Tether’s market valuation today. Tether posted a $1.04 billion Q1 profit with excess reserves of $8.23 billion. Richard Heathcote, the former Chief Investment Officer of Tether Holdings, is planning to sell part of his 1.26% stake in the stablecoin giant. He is working with investment bank PJT Partners and has already begun discussions with potential buyers, though no valuation has been disclosed. A Rare Window Into Tether’s Private Value Tether does not trade on any public exchange, making private secondary transactions one of the only ways the market can gauge what the company is actually worth. Earlier this year, Tether paused plans to raise capital at a valuation of up to $500 billion while it awaited the results of its first comprehensive financial
The post Tether Commits $20M to Mercado Bitcoin to Scale Tokenized Finance appeared on BitcoinEthereumNews.com.
Bitcoin News Stablecoin issuer Tether has committed 20 million dollars to a strategic financing round for Mercado Bitcoin, one of Latin America’s largest digital-asset exchanges, as it accelerates its push into on-chain finance. The capital, disclosed in the company’s official statement on July 7, will fund Mercado Bitcoin’s expansion across tokenization, digital payments, credit and capital-markets infrastructure in Brazil and the wider region. Tether chief executive Paolo Ardoino called the platform’s combined licensing and tokenization stack unrivaled in Latin America. The deal deepens Tether’s exposure to a market where regulated Bitcoin (BTC) rails are gaining traction, and it lands while broader Bitcoin sentiment stays cautious. Founded in 2013 as a crypto exchange, Mercado Bitcoin has grown into a full-stack financial-services platform serving roughly 4.5 million users
The post Bitcoin Futures Demand Turns Positive While a $63B Cash Problem Won’t Budge appeared on BitcoinEthereumNews.com.
Bitcoin futures demand flips positive as CryptoQuant flags a bull setup, but exchange stablecoin reserves near $63.2B say the cash to fund it keeps leaving. The cash sitting on exchanges keeps thinning out. That would normally end the conversation. Bitcoin futures demand apparently decided otherwise. Futures positioning for BTC has flipped positive, according to a CryptoQuant QuickTake published this week. The shift came from a sharp burst of upward pressure in derivatives, the analyst wrote, arguing the market sits on the verge of a real bull run. Bold call. Spot demand is still slightly negative. Source: CryptoQuant The $63 Billion Question Hanging Over Exchanges A separate CryptoQuant analysis is far less convinced. ERC-20 stablecoin reserves across all exchanges have slipped to roughly $63.2 billion. The 100-day moving average has rolled over too, meaning the bu
Bitcoin futures demand flips positive as CryptoQuant flags a bull setup, but exchange stablecoin reserves near $63.2B say the cash to fund it keeps leaving. The cash sitting on exchanges keeps thinning out. That would normally end the conversation. Bitcoin futures demand apparently decided otherwise. Futures positioning for BTC has flipped positive, according to a […]
The post Bitcoin Futures Demand Turns Positive While a $63B Cash Problem Won’t Budge appeared first on Live Bitcoin News.
The divergence in USDT and USDC usage highlights evolving stablecoin roles, impacting global payment systems and decentralized finance growth.
The post Tether’s USDT dominates payments while Circle’s USDC leads DeFi, Dune data shows appeared first on Crypto Briefing.