Latest News
Plasma Hits No. 7 in TVL After Tether Integration
Plasma surged to No. 7 in blockchain TVL at about $2B after Tether added wallet support, giving the new chain instant USDT liquidity and payments traction.
Tether Backs Drift Recovery With $127.5M
Tether pledged up to $127.5M to recapitalize Drift after its April 1 exploit, anchoring the exchange's recovery plan and shifting settlement to USDT.
Tether Backs Drift With $127.5M Recovery Plan
Tether will fund up to $127.5M of Drift's $150M recovery plan after April's $270M exploit, with user repayments tied to the DEX relaunch and trading.
Crypto PAC Sends $3M to Tether Linked Ad Firm
Crypto PAC Fellowship raised $11M and quickly sent $3M to an ad firm co-founded by Tether US CEO Bo Hines, deepening scrutiny of crypto politics.
Tether Launches Self Custody Wallet for USDT
Tether launched tether.wallet, a self-custody app for USDT, Bitcoin, and Tether Gold, expanding from stablecoin issuer into consumer payments.
Tether Launches Wallet for Bitcoin and Stablecoins
Tether launched a self-custodial wallet for Bitcoin, USDT and other tokens, moving beyond infrastructure to compete directly in consumer crypto payments.
Tether Cuts Ex HSBC Gold Traders
Tether has cut two ex-HSBC gold traders just months after hiring them, raising questions about its $24 billion bullion strategy and trading ambitions.
Stablecoin Market Grows as USDT Lags
Stablecoin market added $7B in March, but USDT barely grew while USDC hit new highs, signaling cautious trader positioning over broad risk-on sentiment.
Tether $20B Raise Paused as First Full Audit Looms
Tether has paused a reported $15B-$20B fundraise at a $500B valuation as it awaits its first full Big Four audit, per Bloomberg, originally due end-2025.
Tether Taps Big Four for First Full USDT Audit
Tether says it hired a Big Four firm for its first full independent audit of USDT reserves and finances, a major step beyond attestations, as USDT tops $184B.
Tether’s QVAC goes all‑in on edge AI, running multi‑billion‑parameter models on phones and consumer GPUs
Earlier today, Tether said its QVAC edge-AI framework will run and fine-tune multi‑billion‑parameter models on phones and consumer GPUs, cutting cloud reliance.
Tether Whale Sends $500M USDT to Binance, Raising Fresh Concerns Over Liquidity Concentration
Yesterday, a whale deposited ~$500M USDT to Binance, sparking concerns over stablecoin liquidity concentrating on top exchanges and systemic market risk.
USDC Flips Tether as Stablecoin Rails Set Record $1.8T in Transfers
February set a record $1.8T stablecoin transfer volume in one month as USDC captured ~70% of onchain throughput, flipping Tether on public blockchains.
Tether leads $7.5M raise for Utexo to bring native USDT payments to Bitcoin
Tether led a $7.5M round for Utexo to enable native USDT payments on Bitcoin, boosting dollar-priced spending and reducing volatility at checkout.
From Romance Scam to Ledger Trail: US investigators traced $61M across crypto wallets
US investigators in North Carolina traced and seized $61M USDT from pig-butchering romance scams using blockchain forensics and stablecoin freezes to reclaim cash
Tether’s $50M Bet on Eight Sleep Signals Expansion Into Longevity and AI
Tether invests $50M in Eight Sleep at a $1.5B valuation, signaling the USDT issuer's move beyond stablecoins into longevity and predictive AI via QVAC stack.
Tether and Anchorage Hire Deloitte for First USAT Stablecoin Reserve Attestation
Tether and Anchorage tapped Deloitte for the first USAT stablecoin reserve attestation, reporting ~$17.6M backing the token supply for institutional users.
Tether Injects $200M Into Whop to Scale USDT Stablecoin Payments Across Online Marketplaces
Tether puts $200M into Whop to scale USDT payments on online marketplaces, bringing stablecoin checkout to digital goods and communities worldwide, faster.
US law enforcement seizes $61M in USDT tied to ‘pig butchering’ romance-investment crypto scam
US agents in North Carolina seized $61M in USDT tied to a pig butchering romance-investment scam, proving stablecoins can be traced and frozen with issuer help.
Tether-Backed Crypto Exchange Ditches Retail to Build Stablecoin ‘Plumbing’ for Europe’s Biggest Banks
Tether-linked exchange shifts from retail to MiCA-ready stablecoin settlement rails, offering APIs, liquidity and treasury plumbing for Europe's top banks.