S&P International downgraded Tether’s USDT to its lowest score, 5, citing excessive publicity to riskier reserves and restricted transparency/disclosure S&P expressed concern that the riskier property and poor disclosure might weaken USDT’s potential to keep up its value peg beneath future market stress. Tether CEO Paolo Ardoino strongly disagreed withContinue Reading
Glassnode identifies a powerful damaging correlation between Bitcoin value surges and USDT outflows, with peaks above US$220 million (AU$339 million) signalling profit-taking. Bitcoin stays fragile at US$81K–US$89K (AU$124.7K–AU$137.1K), with short-term holders experiencing losses and long-term momentum weakening amid skinny liquidity. Giant Bitcoin deposits on exchanges and ongoing USDT outflows restrictContinue Reading
Tether made a strategic, undisclosed funding in Ledn, a bitcoin-backed lending platform that survived the 2022 crypto collapse. The funding is meant to develop entry to collateral-backed credit score utilizing crypto rails, supporting self-custody and monetary resilience for customers. The partnership is anticipated to end in smoother and extra environmentContinue Reading
The DOJ is moving to seize more than US$15 million (AU$22.95 million) in USDT linked to North Korea’s APT38 hacking unit, following FBI seizures earlier this year. Five individuals have pleaded guilty to enabling North Korean IT workers to infiltrate U.S. companies using stolen identities and remote-hosted corporate laptops. AuthoritiesContinue Reading
Tether reported a year-to-date web revenue of US$10 billion as of Q3 2025, a determine that surpasses the income of main Wall Avenue establishments. The corporate’s stablecoin, USDT, noticed a major provide enlargement of US$17 billion within the first three quarters. Now leveraging new US regulation (the GENIUS Act), TetherContinue Reading
Tether is in talks for a multibillion-dollar equity raise valuing the firm at close to half a trillion. CEO states fundraising would significantly expand Tether’s operations across multiple business areas. USDT leads stablecoin market with US$172B supply; Cantor Fitzgerald supports in an advisory role. Tether is said to be holdingContinue Reading
Tether has denied reports that it is shutting down its mining operations in Uruguay following a US$4.8 million debt dispute with the state-owned electricity company, UTE. Local reports had claimed that UTE cut power to Tether’s facilities over an unpaid US$2 million electricity bill and that the company owed anContinue Reading
Former White House adviser Bo Hines leads USAT, signalling serious intent for US growth. USAT merges tokenisation with strict regulatory oversight, aiming to reshape the landscape of US finance. Despite USDT dominance, USAT directly targets Circle’s USDC as the regulated US stablecoin option. Tether has unveiled USAT, a dollar-backed stablecoinContinue Reading
The total stablecoin market has grown to an all-time high of US$280 billion, doubling in size since the beginning of 2023, with projections from McKinsey analysts seeing it grow to over US$2 trillion by 2028. The growth and institutional adoption are largely attributed to the passage of the GENIUS ActContinue Reading
Tether recorded a US$4.9 billion profit in Q2 2025, contributing to US$5.7 billion in the first half, and disclosed US$127 billion in US Treasury holdings. CEO Paolo Ardoino hinted at a new US-focused venture to launch soon, aiming to build a “best-in-class product suite” for the highly efficient American market.Continue Reading
