Barely a year after awarding a $100,000 grant to BTCPay, Tether, the largest company in the digital asset industry, has again extended another $100,000 to the BTCPay Server Foundation. Recall that Tether first awarded $100K to BTCPay on April 2, 2024. Today, Thursday, May 8, 2025, the company announced another $100K grant, bringing the total to … Read more
Tether announced in a statement on Wednesday, April 30, 2025, that it has acquired a 70% controlling stake in Adecoagro, a leading agro-industrial and sustainable production company in South America. Tether revealed that discussions about the acquisition began in September 2024 with a $100 million investment for a 9.8% stake, signalling the company’s interest in … Read more
Tether, a global stablecoin firm, has published its first official attestation report for the first quarter of 2025 and disclosed that Tether Gold (XAU₮) has witnessed astronomical growth, with more than 7.7 tons of physical gold backing the XAU₮ in circulation. In its independent auditor’s report, the company says that apart from XAU₮ being regulated … Read more
Tether has promised to deploy both existing and future hashrate on OCEAN, a leading Bitcoin mining pool focused on decentralization, aimed at strengthening Tether’s commitment to supporting the resilience, transparency, and decentralization of Bitcoin’s foundational infrastructure. In a statement on Monday, the largest company in the digital assets industry says it will be leveraging OCEAN’s DATUM Gateway software, … Read more
The Securities and Exchange Commission (SEC) of Thailand has approved the use of Tether’s USDt and Circle’s USDC as part of the cryptocurrencies that can be traded in the country. The two largest stablecoins, which currently have market capitalizations of $142,987,380,968 and $58,005,676,502, respectively, now join the list of existing digital assets such as BTC, … Read more
Simon McWilliams is an expert in investment, risk management, financial management, and financial reporting. He is the current Chief Financial Officer (CFO) of Tether Limited Inc. Education After high school, McWilliams enrolled in the Accounting Department at the University of the Free State, Bloemfontein, South Africa, where he earned a Bachelor of Accounting Science (BAcc). … Read more
Tether has appointed Simon McWilliams, an expert in alternative asset management, as its new Chief Financial Officer (CFO). According to a statement by the company, Simon McWilliams, who previously held CFO positions at Quantmetrics Capital Management and LetterOne in the United Kingdom, will step into the role previously held by Giancarlo Devasini, who has transitioned … Read more