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Tether Launches Sustainable Bitcoin Mining Operation in Uruguay
Tether announced that it is working with a local compliance and licensed company in Uruguay to invest corporate resources in energy production and launch a sustainable bitcoin mining business in Uruguay.
With this, Tether expanded its business scope from finance and communication to the energy field. It aims to become a global technology leader, and this latest move demonstrates Tether's commitment to energy innovation and the future of cryptocurrencies. As part of this new business, Tether is investing in renewable energy to support and facilitate sustainable Bitcoin mining - an essential part of maintaining the strongest and most secure currency network in the world. To achieve this ambitious goal, Tether is actively looking to expand its team by recruiting experts in the energy field. The project represents a milestone where the fields of energy and cryptocurrencies can harmoniously merge.
"By harnessing the power of Bitcoin and Uruguay's renewable energy capabilities, Tether is leading the way in sustainable and responsible Bitcoin mining," said Paolo Ardoino, Tether's CTO. “Our strong commitment to renewable energy ensures that every bitcoin we mine leaves the smallest possible ecological footprint, while maintaining the security and integrity of the bitcoin network. Tether is proud to spearhead a sustainable A movement for practical and financial innovation.”
With substantial investments in energy infrastructure, Uruguay has a strong and reliable grid system capable of meeting the needs of modern industry. This solid foundation provides the perfect platform for Tether to start a Bitcoin mining business, ensuring efficient and sustainable operations.
https://tether.to/en/tether-invests-in-energy-production-and-sustainable-bitcoin-mining-in-uruguay/
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USDT market capitalization hits record high at $83.2 billion, surpassing previous market capitalization highs
The current market capitalization of Tether USD has surpassed the all-time high market capitalization record of USD 83.2 billion set in May 2022.
“This achievement shows that people want financial freedom and when they get it, they take advantage of it,” said Paolo Ardoino, Tether’s CTO. “The Tether token provides a safe haven for the unbanked, enabling People in emerging countries can maintain purchasing power even as their currencies depreciate. Between our proven resilience in the face of market volatility and our industry-leading transparency practices, Tether has proven it can be trusted, and customers are relying on More adoption responds to us. We are eager to maintain a strong focus on emerging nations and will not detract from our efforts to expand financial freedom around the world."
Tether has solidified its status as the preeminent stablecoin and pioneer of financial freedom and innovation. Since its creation in October 2014, Tether's USDT stablecoin has become the most traded cryptocurrency, surpassing all rival offerings. Tether combines the advantages of digital currencies, such as instant global transactions, with the stability of traditional currencies, and is committed to improving transparency and compliance, providing a fast and low-cost way to exchange currencies.
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https://tether.to/en/tether-usdt-reaches-all-time-high-surpasses-previous-market-cap-high-of-83 2b/
Tether Announces Investment in CityPay.io to Expand Its Operations in Georgia
Tether is the first stablecoin invested in CityPay.io, marking a major milestone for the payment processing industry. This investment will allow CityPay.io to expand its business and improve its services, ultimately benefiting customers in Georgia.
CityPay.io provides a seamless payment experience for customers of hundreds of hotels including Wendy's and Radisson Hotels. By investing in CityPay.io, Tether aims to bring greater efficiency and convenience to Georgia's payments industry.
Tether is the first stablecoin invested in CityPay.io, marking a major milestone for the payment processing industry. This investment will allow CityPay.io to expand its business and improve its services, ultimately benefiting customers in Georgia.
https://tether.to/en/tether-expands-its-presence-in-georgia-with-investment-in-citypayio/
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Tether Announces Partnership with Yellow Card to Promote Stablecoin Education and Adoption among African Youth
Tether has announced a partnership with Yellow Card, a pan-African fintech and cryptocurrency exchange. Together, the two companies completed the first phase of a strategic alliance focused on raising awareness and providing education and adoption of the stablecoin USDT among students and young professionals in Nigeria, Kenya and Ghana.
The second phase of the Yellow Card and Tether partnership aims to reach a wider audience across the continent and continues to focus on educational initiatives, including the development of digital courses to equip more Africans with the knowledge and skills needed to navigate the stablecoin and cryptocurrency space .
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Crypto Exchange EXMO.com Has Listed Euro Tether (EURT), Tether Gold (XAUT)
https://twitter.com/Exmo_Com/status/1664243106584076288
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Binance completes Tether (USDT) integration with Arbitrum One and Optimism networks, and opens deposit service
Binance has completed the integration of Tether (USDT) on the Arbitrum One and Optimism networks, and Tether (USDT) deposits are now available on both networks. Binance will open the deposit channel for Tether (USDT) on the Arbitrum One and Optimism networks without further notice.https://www.binance.com/en/my/wallet/account/main/deposit/crypto/USDTFind your designated Tether (USDT) deposit address on the Arbitrum One and Optimism networks in . Users can find Tether (USDT) smart contract addresses on the Arbitrum One and Optimism networks.
Arbitrum：0x fd 086 bc 7 c d5 c 481 dcc 9 c 85 ebe 478 a 1c0 b 69 fcbb 9
Optimism：0x 94 b 008 aa 00579 c 1307 b 0 ef 2c 499 ad 98 a 8 ce 58 e 58
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Over 250 Stores in Lugano, Switzerland Now Offer 10% Cashback on Bitcoin Purchases
https://twitter.com/BitcoinMagazine/status/1664607965117128709
