#tether
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Tether Expands Presence in Georgia with CityPay.io Investment
Tether announced an investment in CityPay.io, a leading payment processing company in Georgia. With over 600 locations, including shops, hotels, and restaurants, CityPay.io offers seamless payment solutions to customers. This move signifies Tether’s commitment to enhancing the payment industry in Georgia and its growing interest in the country’s crypto-friendly environment. 
Tether's New Strategy: Buying Bitcoin with Profits
Tether, a leading stablecoin issuer, has unveiled a new investment approach emphasizing Bitcoin (BTC). The company will allocate up to 15% of its net realized operating profits to purchase Bitcoin, thereby diversifying and strengthening its reserves. As of March 2023, Tether already had approximately $1.5 billion in BTC reserves. 
Tether's (USDT) chief technology officer Paolo Ardoino claims that the project never received loans from the bankrupt lending platform Celsius.
His response came in the aftermath of Celsius' bankruptcy report, in which Tether was listed as "infected" alongside 3AC and Alameda Research.
User, get your USDT back before you blow it all on shitcoins! 
Tether to Drive Blockchain Education in Georgia
Tether, the leading stablecoin issuer, has announced a groundbreaking partnership with Business & Technology University (BTU) in Georgia to advance blockchain and cryptocurrency education in the region. The collaboration aims to empower students with the knowledge and skills needed to excel in the emerging digital economy. John Stark vs. Paolo Ardoino: A Verbal Duel for Trust
A fervent discourse has been ignited on Twitter between John Reed Stark, a financial reporting expert, and Paolo Ardoino, the Chief Technical Officer of Tether. This verbal joust was sparked by Stark's critique of the overall health of the company. 
Hedge funds vs. Tether: traders are actively shorting USDT after the collapse of UST
The Terra USD crash did not go unnoticed for other stablecoins pegged to the US dollar. Thus, hedge funds oriented to the cryptocurrency market are seeking to intensify the sale of Tether. The total amount of available offers is hundreds of millions of dollars.