Tether News

Tether chief executive Paolo Ardoino is alarmed that Europe’s MiCA regulations on stablecoins, due to excessive cash reserves requirements, could pose systemic risks to banks. Paolo Ardoino, the chief executive of the company behind the largest stablecoin by market capitalization,…

Tether issued $1 billion in new USDT tokens on the Tron blockchain as stablecoins' total market cap grew.

Reports have repeatedly suggested that Tether worth billions of dollars has been laundered following pig butchering and sextortion scams — and it's a problem getting worse, not better.

Cryptocurrency exchange Bybit has released the twelfth proof of reserve, featuring a 17.8% increase in USDT holdings. Crypto investors are showing an increased appetite for stablecoins as the Bybit crypto exchange revealed in its latest proof of reserve nearly an…

Jambo, a Web3 mobile infrastructure startup behind the JamboPhone, has officially expanded to Solana to empower the unbanked across emerging markets. The startup has partnered with stablecoin issuer Tether to accelerate this goal, according to an announcement on Tuesday. As…

Another lawsuit has been filed against the Tether stablecoin issuer and the Bitfinex crypto exchange. The plaintiffs changed and again filed a lawsuit against Tether and Bitfinex, accusing the company of manipulating the price of Bitcoin (BTC) and other digital…

Stablecoin issuer Tether has hired the former Chainalysis chief economist to help regulators understand how stablecoins are used in the real economy. Stablecoin issuer Tether has revealed in a Monday blog announcement that it has hired Philip Gradwell, a former…

Tether has reportedly frozen a Tron (TRX) wallet containing more than 28 million USDT tokens suspected to be proceeds of criminal activities, including money laundering and fraud.

Tether's USDT stablecoin’s market share on centralized exchanges (CEXs) has decreased from 82% to 74% in 2024. This decline in dominance highlights the growing competition in the stablecoin market and the potential regulatory challenges facing Tether.

Nearly 30% of all crypto traced from illicit addresses since 2019 ended up at sanctioned services like Russia’s crypto exchange Garantex, according to Chainalysis. Cryptocurrency exchanges have received nearly $100 billion worth of crypto from well-known illicit addresses since 2019,…

The stablecoin issuer Tether has revealed the timetable for sunsetting its support for USDT and EURT on multiple blockchain networks. Tether, the largest stablecoin issuer by market capitalization, announced in a Thursday blog announcement it will no longer be obligated…

Blockchain analysts at British forensic firm Elliptic say Cambodia-based marketplace Huione Guarantee has become a center for crypto scammers. Cambodian giant marketplace Huione Guarantee, partially linked to the Cambodian ruling family, has seemingly emerged as a center for merchants providing…

Crypto exchange BitMEX has announced a new index that allows traders to gain exposure to the top 10 memecoins. Crypto derivatives exchange BitMEX has announced the launch of a new basket index, the MEMEMEXTUSDT Basket Index Perpetual Swap Contract, which…

The USDT stablecoin issuer Tether has announced signing a partnership agreement with think tank BTguru to evaluate crypto initiatives in Turkey. Tether, the largest stablecoin issuer by market capitalization, is deepening its presence in Turkey through a new collaboration, which…

Circle officially has authorization to passport its USDC stablecoin services across Europe under the bloc’s MiCA laws. 

Could Tether’s USDT collapse trigger the greatest crypto crash ever? With mounting concerns and speculation, it’s time to ask if your investments are safe from this looming threat. The importance of Tether (USDT), as the largest stablecoin provider in the…