40 stories about Tether from across the crypto press, curated and summarized daily. Most recent: Oct 24, 2026.
Sen. Richard Blumenthal, the top Democrat on the Senate Permanent Subcommittee on Investigations, has asked Tether CEO Paolo Ardoino for records about reported payments to Nxum. The firm was co-owned by Bo Hines, a former White House crypto adviser; the available reports do not specify the amount or Tether’s response.
Tether, the issuer of USDT, has signed a deal with Kazakhstan’s central bank to explore a tenge-pegged stablecoin and tokenize real-world assets. This partnership aims to advance Kazakhstan’s crypto adoption and blockchain infrastructure. The collaboration follows Kazakhstan’s recent decree to accelerate crypto adoption and position itself as a crypto hub.
Tether's USDT stablecoin is now available on Bitcoin through the Utexo project. This allows for private USDT transfers, direct swaps between BTC and USDT, and loans backed by Bitcoin, with most transaction data kept off the public ledger. This marks a significant shift after over a decade of USDT operating primarily on other blockchains.
A Senate report accuses Tether’s USDT stablecoin of enabling Iran’s shadow banking system, with $344 million in USDT previously frozen by the U.S. Treasury. Senator Blumenthal calls it a 'superhighway' for sanctions evasion.
Circle’s USDC stablecoin could expand its reach in emerging markets thanks to a new five-year deal with Binance. However, Tether’s strong liquidity makes it a tough competitor to displace.
US prosecutors are targeting a payments firm and a Caribbean bank for allegedly moving money without a license, seeking $84.2 million in penalties. The case involves Tether and Bitfinex, which used the bank for transactions.
Circle has acquired Tazapay for $400 million to expand the reach of its USDC stablecoin in emerging markets. This move is seen as a strategic push to compete with Tether, which has a strong foothold in these regions.
Tether, the issuer of the USDT stablecoin, has partnered with Fasanara to create a $400 million private credit fund. Tether will source lending opportunities and provide stablecoin payment infrastructure. This marks a significant move into traditional finance for the stablecoin giant.
A Hacken security report warns that Tether's USDT stablecoin, worth $91 billion, could be at risk if hackers gain control of two critical security keys. The report combines Wall Street financial auditing with Web3 code reviews to evaluate both off-chain reserves and on-chain security.
Tether-backed Orionx is shutting down permanently after an audit revealed a $7 million gap in customer assets. The audit found that funds were moved to wallets outside Orionx's custody, raising concerns about asset security.
A new lawsuit claims Tether froze $42.4 million in USDT at the request of U.S. law enforcement over three months before a formal warrant was issued. This raises questions about due process and transparency in crypto asset freezes.
Precious metals industry expert Andy Schectman discussed how Tether's massive gold accumulation and new DeFi integrations are transforming physical gold and silver into liquid, productive digital collateral.
Tether, the company behind the USDT stablecoin, has completed its first full audit, which it passed. This addresses the longest-running open criticism of the leading stablecoin company and confirms sufficient reserves.
Tether said KPMG gave its 2025 financial statements a clean opinion, a milestone for the company after years of questions about the reserves backing USDT.
Russia's central bank has allowed trading of Bitcoin, Ethereum, and Tether for retail investors, while keeping XRP and other cryptocurrencies off-limits. This move comes as part of a broader effort to regulate the crypto market in the country.
Tether, the company behind the USDT stablecoin, is entering Saudi Arabia's market with a focus on tokenizing institutional real estate assets. This move marks Tether's first venture into the Middle East and highlights the growing trend of tokenizing real-world assets on blockchain.
Tether, the company behind the world's largest stablecoin USDT, reported a $1.5 billion profit in Q2 2026. The company's reserves now include over 146 metric tons of gold, alongside U.S. Treasuries and repo agreements.
Tether, the company behind the USDT stablecoin, reported a $1.5 billion operating profit for Q2 2026. However, its reserve buffer fell by half, raising questions about its financial stability. The company added 14 metric tons of gold and 1,800 bitcoin to its reserves during the quarter.
Strike CEO Jack Mallers explained his decision to step down from public Bitcoin company 21, citing a divergence in vision with the board while taking personal responsibility for the outcome.
A Bloomberg investigation reveals how Tether leveraged connections to Trump administration insiders, including Howard Lutnick and Bo Hines, to influence the drafting of early cryptocurrency regulations in ways that favored the stablecoin issuer.
Tether's USDT stablecoin faces a two-year countdown as the GENIUS Act's regulations will be fully enforced by July 2028, threatening its availability on U.S. crypto platforms. The act, which marked its first anniversary this week, has yet to see regulators meet deadlines for writing the necessary rules.
The U.S. has added four crypto wallets linked to Iran's central bank to its sanctions list, and Tether has frozen $131 million of the contents. This move targets TRON-based addresses holding over $165 million, preventing those funds from being transferred or redeemed.
Circle suspended Heka Funds over suspected market manipulation after learning Tether had invested $800 million in the arbitrage fund, according to arbitration filings.
Stablecoin giant Tether has invested $20 million in Mercado Bitcoin, a major Brazilian exchange expanding into regulated digital financial services. This move highlights the growing interest in tokenizing real-world assets across Latin America.