The completed Series E round valued Tenstorrent at $6.2 billion. The chipmaker plans to expand server deployment and chip development.
The Oct. 20 reading exceeded separate one-hour readings recorded on Oct. 18 and Oct. 16.
The Oct. 20 transfer carried an estimated value of $100,934,306.
Mural's funding boost and Tether's backing highlight the growing importance of seamless fiat-stablecoin integration in global finance. Mural raises $28M in total funding as Tether leads $15M Series A.
The Oct. 20 Ethereum transfer contained 100,980,000 tokens and was valued at $100,934,306.
The quote was recorded at 8:09 a.m. ET (12:09 UTC) on Oct. 20.
The Oct. 20 reading measures the difference between USDT entering and leaving the exchange.
Tether's investment in Tenstorrent signals a strategic shift towards diversifying AI infrastructure, potentially decentralizing computing power. Tether backs Tenstorrent's $1.5 billion raise to widen access to AI computing.
Tether has joined Tenstorrent's $1.5 billion Series E funding round at a $6.2 billion valuation, adding an AI hardware investment to its work on software and automated payments. Tether Capital announced its participation on Oct.
Tether participated in Tenstorrent's $1.5 billion funding round. The company specializes in AI processors and computing infrastructure. The deal valued Tenstorrent at $6.2 billion and will support expanded server production, chip development, and commercial operations.
The Oct. 20 transfer involved 271 million USDT. The sending wallet's owner was not identified.
Tether CEO Paolo Ardoino says wallet freezes cut Iran-linked USDT volumes 94% since 2023, responding to a Senate report on sanctions.