Tether Reports $1.3B Q2 Profit As Excess Reserves Reach $5.2B
Read the latest update on Tether Reports $1.3B Q2 Profit As Excess Reserves Reach $5.2B.
Sep 3open_in_new
Tether (USDT) — News
295 articles · updated every 3 minutes
Tether Froze $42.4 Million Three Months Before A Seizure Warrant, Lawsuit Says
Two Thai businessmen are suing Tether in Manhattan federal court over 42,417,785.62 USDT blacklisted across 10 Ethereum addresses. Onchain records sho...
Sep 3open_in_new
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Pig butchering scam probe: Thai investors sue Tether over $42 million USDT freeze
A New York federal court is now the venue for a legal battle testing just how far stablecoin issuers can go when freezing customer funds. Two Thai bus...
Sep 3open_in_new
Plenti raises $3M from Tether, Verda Ventures to expand in Latin America
Plenti's expansion in Latin America could accelerate fintech innovation, enhancing financial inclusion and digital currency adoption in the region. Th...
Sep 3open_in_new
Colombian fintech Plenti raises $3 million led by Tether
Plenti's expansion in Latin America could accelerate fintech innovation, enhancing financial inclusion and digital currency adoption in the region. Th...
Sep 3open_in_new
Tether Sued Over Alleged Unlawful Freeze of $42.4 Million in USDT
Two Thai businessmen claim Tether blocked access to their stablecoins months before federal authorities secured a seizure warrant.
Sep 2open_in_new
Two Thai Businessmen Sue Tether Over $42.4M USDT Freeze as Issuer Calls Case ‘Baseless’
Thai plaintiffs challenge Tether's $42.4 million USDT freeze, which appears connected to an HSI investigation into pig-butchering fraud proceeds.
Sep 2open_in_new
Tether releases open-source AI translation models for African and European languages
Tether's AI translation models enhance linguistic inclusivity, fostering digital accessibility and privacy in underserved regions globally. The post T...
Sep 2open_in_new
Thai businessmen sue Tether for freezing $42M in $61M pig butchering case
The plaintiffs didn’t dispute their involvement in the pig butchering scam, but claimed that Tether did not have the authority to freeze the $42 milli...
Sep 2open_in_new
Thai Investors Sue Tether Over $42M USDT Freeze Without Warrant
Two Thai businessmen say Tether blacklisted $42.4 million of their USDT four months before any court authorized the freeze, and now they’re suing to g...
Sep 2open_in_new
Anchorage Digital reports Tether’s USA₮ reserve details for July 31
Anchorage Digital's transparency in USA reserves enhances trust, positioning Tether to capture institutional demand amid evolving US regulations. The ...
Aug 31open_in_new
Tether’s USA₮ holds above $175 million as reserve surplus hits record
Tethers USA held more than $175 million in circulation for a second month as reserve assets reached $175.9 million and surplus hit a record. The post ...
Aug 31open_in_new
Sberbank Plans Bitcoin, Ethereum and Tether as Loan Collateral
The expansion is contingent on new crypto rules taking full effect and the Bank of Russia permitting the assets for public circulation.
Aug 31open_in_new
Russia’s Sber plans to add USDt and Ether as loan collateral: Report
Bitcoin won’t be the only crypto asset backing loans at Sber for much longer. This comes after Russia’s largest lender, Sber, announced its intention ...
Aug 31open_in_new
Tether CEO Slams BIS Over Tokenized Bank Deposit Push
Tether CEO Paolo Ardoino stressed that stablecoins are a more trusted form of money than tokenized bank deposits, explaining that they are collaterali...
Aug 31open_in_new
Russia’s Largest Bank Sber Eyes BTC, ETH, USDT for Crypto-Backed Loans
Russia’s largest bank plans to expand crypto-backed lending by accepting bitcoin, ether, and tether as collateral after new regulations take full effe...
Aug 30open_in_new
BIS Chief: Stablecoins Still Aren’t Credible Money at Scale
Bank for International Settlements (BIS) General Manager Pablo Hernández de Cos told the Jackson Hole Economic Policy Symposium on August 28 that stab...
Aug 30open_in_new
Sberbank plans to accept Tether USDT as loan collateral alongside Bitcoin and Ethereum
Sberbank's crypto integration signals a major shift in Russia's financial landscape, potentially challenging global regulatory norms and sanctions. Th...
Aug 29open_in_new
Sberbank plans crypto-backed loans using Bitcoin, Ethereum and Tether
Sberbank's crypto integration signals a major shift in Russia's financial landscape, potentially challenging global regulatory norms and sanctions. Th...
Aug 29open_in_new
Russia’s largest lender Sberbank plans crypto-backed loans using Bitcoin, Ethereum and Tether
Sberbank's crypto integration signals a major shift in Russia's financial landscape, potentially challenging global regulatory norms and sanctions. Th...
Aug 29open_in_new
Israeli crime groups increasingly use Bitcoin, Tether for money laundering
The rise in crypto use for laundering by Israeli crime groups complicates law enforcement efforts, necessitating advanced international cooperation. T...
Aug 29open_in_new
Circle Mints 5 Billion USDC in a Week as Supply Race With Tether Heats up
Circle minted roughly 5 billion USDC over the past week, according to onchain trackers, in one of its largest weekly issuance pushes yet. A Record Wee...
Aug 26open_in_new
Tron Surpasses 400 Million Accounts as USDT Transfers Near $30 Trillion
Tron’s account count crossed 400 million this week, doubling in under three years and cementing the network’s role as the backbone of global USDT sett...
Aug 26open_in_new
Tron Now Settles Over Half of All Circulating USDT
Tron’s account count crossed 400 million this week, doubling in under three years and cementing the network’s role as the backbone of global USDT sett...
Aug 26open_in_new
Tether’s $120M Uruguay Bitcoin Mining Bet Ends in Power Dispute
Tether abandoned a roughly $120 million Bitcoin mining investment in Uruguay after a dispute with the state power company escalated into unpaid bills,...
Aug 25open_in_new
Tether CEO Says USDT Drives Trade Across Emerging Markets
Paolo Ardoino, CEO of top stablecoin issuer Tether, said USDT’s dollar-proxy function has scaled globally, giving developing countries access to forei...
Aug 24open_in_new
Tether freezes $93K USDT linked to M1llionz cybercrime case
The incident highlights the critical role of blockchain transparency and Tether's intervention in combating crypto-related crimes. The post Tether fre...
Aug 24open_in_new
Tether’s USDT gains 1.6M holders in past week, outpacing USDC by nearly 3x
Tether's expanding user base amid a cooling stablecoin market highlights its role in providing liquidity in emerging economies. The post Tether’s USDT...
Aug 23open_in_new
Stablecoin Depegs Explained: What Really Happens When a Digital Dollar Breaks the Buck
Stablecoins promise a constant $1, yet USDC has traded at $0.87, Tether’s USDT at $0.88, and Terra’s UST collapsed to virtually zero in a crash that e...
Aug 23open_in_new
Tether’s XAUT deposits shift across DeFi venues as AAVE V4 gains $8M
Aave V4's rise in XAUT deposits highlights a shift towards using tokenized commodities as active collateral in DeFi, enhancing capital efficiency. The...
Aug 21open_in_new