The case underscores the increasing scrutiny on crypto markets, potentially leading to stricter regulations and higher compliance costs. Colombia-based broker sentenced to 160 months for laundering $14.5M in USDT.
Tether announced a $3 million investment in the Kuwait-based fintech in August 2024, with plans to bring USDT to its app.
Tether led a $15 million funding round for Mural, a company specializing in AI-powered payment infrastructure. The investment brought Mural's total funding to $28 million, with participation from North Island Ventures and other investors.
The changes take effect Oct. 22 at 2:30 a.m. ET (06:30 UTC), lowering increments for three contracts and raising them for two.
Tether's investment in Peso could reshape Latin America's financial landscape, challenging local currencies and regulatory frameworks. Tether backs Peso to expand USDT payment infrastructure in Latin America.
The figure was below separate one-hour readings of 59.6402 million USDT on Oct. 20 and 32.7362 million USDT on Oct. 18.
Tether leads Mural's $15 million Series A, bringing total funding to $28 million as the startup expands banking and payment infrastructure for AI agents.
The Series A round, which included participation from North Island Ventures and existing investors, brings New York-based Mural's total funding to $28 million.
All three transfers were counted as exchange inflows, including $60.2 million in Ether sent to Beacon Depositor.
Holders with more than $1 of either asset in a sub-account must convert or withdraw, but Extended's notices give conflicting deadlines.
The broader stablecoin market stood at $301.4 billion on Oct. 20, up $1.6 billion over 90 days.
The outgoing amount matched a separate 100,980,000 USDT transfer into Bitfinex recorded on Oct. 20.