cryptofamily

A new player in the stablecoin market: the creator of Tether is launching an ambitious project.
The cryptocurrency market is preparing for the emergence of a new significant player in the stablecoin segment. Reeve Collins, one of the founders of Tether, announced the launch of Pi Protocol, an innovative platform for issuing USP stablecoins on the Ethereum and Solana blockchains. The project, scheduled to launch in the second half of 2025, uses an advanced approach to ensure exchange rate stability through tokenized U.S. Treasury bonds.Tether retains a dominant position in the market with a market capitalization of over $141 billion and an impressive net profit of $ 13 billion for 2024. These figures were achieved thanks to a sound investment strategy, including investments in government bonds and money market instruments. According to IMF experts, the development of the stablecoin sector may paradoxically strengthen the position of the US dollar in the global financial system.