Big news about Tether, a type of cryptocurrency called a stablecoin! It's like a digital dollar that tries to always be worth $1.
- Tether has lots of extra money – about $7 billion!
- It's investing that money in things outside of cryptocurrency, like a social media company called Rumble.
- Some European countries have new rules, and Tether is facing some challenges there.
- Tether is also helping new companies in Europe that make other stablecoins.
Fact | Number |
---|---|
Tether's total value | $140 billion |
Extra money Tether has | $7 billion |
Tether's investment in Rumble | $775 million |