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Tether News

Tether plays a major role in crypto liquidity, making Tether news vital for traders and regulators. As the largest stablecoin, USDT is widely used for trading, remittances, and DeFi applications. Despite questions about its reserves and regulatory concerns, Tether remains a key pillar of the digital asset market.

Latest Tether News

Tether faces Senate scrutiny over Iran-linked USDT
News
Read more - Tether faces Senate scrutiny over Iran-linked USDT

Tether faces Senate scrutiny over Iran-linked USDT

Tether faces Senate scrutiny after investigators found USDT dominated 846 Iran-linked wallets, while the company cited $550M in freezes.
Tether says it helped freeze $550M in Iran-linked USDT - 3
News
Read more - Tether says it helped freeze $550M in Iran-linked USDT

Tether says it helped freeze $550M in Iran-linked USDT

Tether has said it helped freeze nearly $550 million in Iran-linked USDT this year as U.S. authorities targeted wallets tied to the Central Bank of Iran and other sanctioned networks. Tether said on Sep. 28 that it acted on information…
Tether and Shiga plan self-custodial wallets for Africa and the GCC - 4
News
Read more - Tether and Shiga plan self-custodial wallets for Africa and the GCC

Tether and Shiga plan self-custodial wallets for Africa and the GCC

Tether and Shiga have announced plans to bring self-custodial wallets for USD₮, Bitcoin, and Tether Gold to individuals and institutions across Africa and the Gulf Cooperation Council. Tether said in its Sep. 28 announcement that both products will use its…
Binance Wallet adds USDT gas fees on 4 networks
News
Read more - Binance Wallet adds USDT gas fees on 4 networks

Binance Wallet adds USDT gas fees on 4 networks

Binance Wallet now lets users pay gas fees with USDT on BNB Smart Chain, Ethereum, Solana and TRON, with more networks planned.
Circle gains Binance backing in USDC-Tether race
News
Read more - Circle gains Binance backing in USDC-Tether race

Circle gains Binance backing in USDC-Tether race

Circle secured a $100 million Binance investment and five-year USDC deal as it competes with Tether for stablecoin market share.
Tether says EQIBank exposure below 0.034% after U.S. seizure
News
Read more - Tether says EQIBank exposure below 0.034% after U.S. seizure

Tether says EQIBank exposure below 0.034% after U.S. seizure

Tether says its EQIBank exposure is below 0.034% of assets as the offshore bank fights a U.S. forfeiture case involving $84.2 million.
ECB seeks MiCA reserve change flagged by Tether in 2024 - 5
News
Read more - ECB seeks MiCA reserve change flagged by Tether in 2024

ECB seeks MiCA reserve change flagged by Tether in 2024

The European Central Bank and the EU’s 27 national central banks have asked regulators to replace MiCA’s 30% and 60% bank-deposit floors for stablecoin reserves with maturity-based liquidity requirements. The European System of Central Banks said in its response to…
Galaxy launches 2 stablecoin vaults on Kamino
News
Read more - Galaxy launches 2 stablecoin vaults on Kamino

Galaxy launches 2 stablecoin vaults on Kamino

Galaxy launched USDC and USDT lending vaults on Kamino, bringing its institutional risk framework and curated yield strategies to Solana.
Aave plans Avalanche RWA hub with Tether’s USA₮ - 6
News
Read more - Aave plans Avalanche RWA hub with Tether’s USA₮

Aave plans Avalanche RWA hub with Tether’s USA₮

Aave has announced an Avalanche credit hub that will let institutions borrow USA₮ against tokenized assets as the RWA market exceeds $51 billion and Avalanche hosts more than $3.4 billion of the assets. Aave RWA Hub will turn tokenized assets…
US DOJ restrains $52M in crypto with Tether’s help - 7
News
Read more - US DOJ restrains $52M in crypto with Tether’s help

US DOJ restrains $52M in crypto with Tether’s help

The U.S. Department of Justice has restrained more than $52 million in cryptocurrency while targeting wallets and online channels linked to the Xinbi Guarantee scam network. Tether said in a Sep. 11 statement that the DOJ credited the stablecoin issuer’s…
Tether CEO unveils decentralized P2P search engine - 8
News
Read more - Tether CEO unveils decentralized P2P search engine

Tether CEO unveils decentralized P2P search engine

Tether has tested its decentralized peer-to-peer search technology by storing the full Wikipedia archive across 100 distributed nodes, as the USDT issuer works on a system designed to remain available without relying on centralized search infrastructure. According to Tether CEO…
Tether freezes $39.3M USDT linked to Xinbi Guarantee - 9
News
Read more - Tether freezes $39.3M USDT linked to Xinbi Guarantee

Tether freezes $39.3M USDT linked to Xinbi Guarantee

Tether has frozen roughly $39.3 million in USDT held across 10 Tron addresses linked to Xinbi Guarantee, a Chinese-language guarantee marketplace that blockchain investigators have tied to billions of dollars in crypto transactions. MistTrack, the onchain tracing platform developed by…
Tether-backed Orionx closes over $7m custody gap
News
Read more - Tether-backed Orionx closes over $7m custody gap

Tether-backed Orionx closes over $7m custody gap

Tether-backed Orionx is closing after an audit found a $7 million custody gap, prompting suspended withdrawals and a criminal complaint.
21-bank stablecoin has global backing, but can it rival USDT and USDC? - 10
News
Read more - 21-bank stablecoin has global backing, but can it rival USDT and USDC?

21-bank stablecoin has global backing, but can it rival USDT and USDC?

A planned dollar stablecoin backed by 21 global financial institutions will begin with regulatory resources, corporate relationships, and international payment connections. Four industry executives told crypto.news, however, that institutional backing will not guarantee adoption unless the token can match the…
Tether’s USDT0 launches on Stellar with cross-chain liquidity
News
Read more - Tether’s USDT0 launches on Stellar with cross-chain liquidity

Tether’s USDT0 launches on Stellar with cross-chain liquidity

USDT0 has launched on Stellar through LayerZero, connecting wallets, exchanges and applications to Tether-backed cross-chain liquidity.
Tether sued over alleged unlawful $42.4M USDT freeze
News
Read more - Tether sued over alleged unlawful $42.4M USDT freeze

Tether sued over alleged unlawful $42.4M USDT freeze

Tether faces a New York lawsuit alleging it froze 42.4 million USDT before authorities obtained a warrant in a $61 million fraud probe.