26 stories about Usdt 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.
Utexo has opened early access to Utexo Mint, where verified professional operators can test minting, confidential transfers and redemption of USDT on Bitcoin using RGB. The service is scheduled for a public launch on November 28, 2026.
Russia’s largest bank, Sberbank, has approval to offer both crypto custody and exchange services under the country’s new crypto law. It plans to add Bitcoin, Ethereum and USDT to apps used by 110 million retail clients, though the report does not give a launch date.
Sberbank, Russia's largest bank, plans to let all its clients trade cryptocurrency starting December 1. It is already testing Bitcoin, Ether and USDT trading in its app, but the report does not specify which services or restrictions will apply at launch.
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.
Tron has become the primary settlement layer for a significant portion of global USDT transfers, processing $150 billion to $190 billion weekly. Stablecoin cross-border flows surged 78% despite a 37% crypto market decline, highlighting their growing use in trade and remittances.
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.
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.
Russia's Sberbank, the country's largest bank, has seen $46 billion in crypto trading and plans to offer loans backed by Ethereum (ETH) and Tether (USDT) once regulators approve. This move highlights the growing mainstream acceptance of cryptocurrencies in Russia, despite past regulatory uncertainties.
Sber, Russia’s largest bank, will accept Tether (USDT), Ethereum (ETH), and Bitcoin (BTC) as collateral for loans under the country’s new regulated crypto trading law. This move signals growing institutional acceptance of cryptocurrencies in Russia despite skepticism about the digital ruble.
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.
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'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.
OKX Europe now lets users swap Tether’s USDT for Circle’s USDC, which complies with the EU’s MiCA stablecoin regulations. This move comes as MiCA reshapes the European stablecoin market, offering a voluntary path away from USDT.
Hyundai successfully used Tether's USDT stablecoin to settle a treasury transfer between its US and Mexican subsidiaries. This pilot highlights how major companies are exploring stablecoins for faster, cheaper international payments.
Bolivia is exploring the integration of Tether's USDT stablecoin into its national payments system. This move comes after crypto transaction volumes surged to $430 million in the year following the central bank's removal of restrictions in mid-2024.
After years of development, Tether-backed UTEXO rolls out Bitcoin-native USDT with client-side validation, reducing fees and middlemen compared to Tron or Ethereum rails. The integration with RGB enables private Lightning Network settlements.
Revolut will delist Tether (USDT) by the end of August, converting remaining holdings to users' base currency. This move follows growing regulatory scrutiny and risk concerns around stablecoins.
Tether's USDT stablecoin is trading at an 8.5% premium in India after raids on crypto payment firms in Bengaluru disrupted the pipeline that supplies USDT to Indian platforms. This is roughly double the usual gap, making USDT more expensive for Indian buyers.
Ukraine has taken control of $8.3 million in seized crypto, marking the first time the country has moved such assets under state management. The funds were linked to an alleged hacking ring and are now held by Ukraine's asset-recovery agency, ARMA.
A US law firm is trying to claim $344 million in frozen Tether (USDT) for claimants of unrelated legal judgments. The funds were seized in 2024 and are linked to entities with ties to Iran.