Tether

Latest news and articles about Tether from NEX English

Tether Ends Services of Two Gold Traders Amid Price Decline

Tether, based in El Salvador, has terminated the services of two senior precious metals traders appointed by HSBC three months ago. This decision comes as gold prices have sharply declined, impacting the company's strategies.

Tether Cuts Gold Trading Team After Months of Hiring

Tether Holdings SA has terminated the services of two senior precious metals traders shortly after their hiring from HSBC. This surprising move aims to enhance the company's performance in the gold market.

Circle Shares Plunge 19% After Tether Announces Audit

Circle, the issuer of the USDC stablecoin, saw its shares drop sharply by 19% following Tether's announcement of hiring a Big Four auditing firm to audit its USDT reserves for the first time. This marks the worst day in Circle's history.