Tagged: tether

September 1, 2026 @ 8:16 am By Omar Faridi  |  

USA₮, Tether’s U.S.-focused dollar stablecoin issued by Anchorage Digital Bank, remained above the $175 million circulation mark at the end of July while posting the largest reserve surplus in its short history. The latest independent reserve report, prepared under the AICPA’s 2025 criteria for asset-backed… Read More

August 26, 2026 @ 4:16 am By Omar Faridi  |  

The chief executive of Tether, the issuer of the widely used dollar-pegged stablecoin USDT, underscored how the digital asset is facilitating both domestic transactions and international trade in multiple developing nations. Paolo Ardoino emphasized that economies in several of these countries have come to depend… Read More

August 24, 2026 @ 8:32 pm By Omar Faridi  |  

Tether’s Bitcoin mining venture in Uruguay has come to an abrupt end following a protracted disagreement with the country’s state-owned electricity provider over power allocations. The collapse of the project, estimated by one individual familiar with the details to have involved roughly $120 million in… Read More

August 18, 2026 @ 12:09 pm By Omar Faridi  |  

Tether CEO Paolo Ardoino has recently pushed back against ongoing criticism from parts of the crypto community after the company completed its first full independent financial audit. In comments made shortly after the results were disclosed, Ardoino said persistent skepticism from detractors does not concern… Read More

August 13, 2026 @ 5:14 pm By JD Alois  |  

Tether, the issuer of the USDT stablecoin, has long been dinged for questions about the reserves backing its digital dollar, the leading digital asset in the stablecoin sector. Today, Tether shared that KPMG US has issued a positive opinion on the firm following a complete audit. The… Read More

August 4, 2026 @ 4:22 am By Omar Faridi  |  

Digital assets firm Tether has released its second-quarter 2026 financial figures, highlighting steady operational results and strategic adjustments to its reserve portfolio. The company, known for issuing the USDT stablecoin, recorded approximately $1.5 billion in net operating profit for the three months ending June 30,… Read More

August 1, 2026 @ 6:56 pm By Omar Faridi  |  

Visa (NYSE: V) CEO Ryan McInerney declined to position the Open USD stablecoin as a direct competitor to Tether’s USDT or Circle’s USDC during the company’s fiscal third-quarter 2026 earnings conference call. He instead emphasized a deliberately neutral stance focused on supporting the broader stablecoin… Read More

July 20, 2026 @ 10:02 pm By Omar Faridi  |  

Tether‘s stablecoin, USDT, is navigating increased scrutiny under evolving US stablecoin regulations, with a looming compliance window that could reshape its availability on US based digital asset trading platforms. And as the cryptocurrency industry matures in 2026, federal lawmakers have introduced structured oversight to promote… Read More

July 20, 2026 @ 3:53 pm By Tony Zerucha  |  

Brokerage infrastructure provider Alpaca raises $135M Peak XV led the raise with participation from Elefund, Opera Tech Ventures, the venture capital arm of BNP Paribas Group, and Unbound. It follows Alpaca’s $150 million Series D from January, which valued the company at $1.15 billion. Flex… Read More

July 15, 2026 @ 8:19 am By Omar Faridi  |  

Tether, a keu player in the stablecoins and broader AI / digital assets sectors, announced its leadership of a $7 million Series A funding round for Pact Labs. The round also included contributions from Blockchange Ventures and Lasagna. This strategic move positions Pact Labs as… Read More

July 8, 2026 @ 7:45 am By Omar Faridi  |  

Tether has announced a $20 million investment in a growth financing round for Mercado Bitcoin, Latin America’s provider of on-chain financial services. The move is intended to accelerate the development of blockchain-based financial infrastructure across the LatAm region, with Brazil positioned as a key hub… Read More

July 7, 2026 @ 9:50 pm By Omar Faridi  |  

Digital banking provider Revolut has informed users it will cease support for Tether’s USDT stablecoin on its platform for European customers, with the complete suspension taking effect on August 31, 2026.  The move aligns with the European Union’s Markets in Crypto-Assets (MiCA) regulatory framework, which… Read More

July 7, 2026 @ 10:35 am By Omar Faridi  |  

Stablecoins have emerged as essential bridges between traditional currencies and blockchain-based systems. Among them, Circle’s (NYSE:CRCL) USDC and Tether’s USDT have long competed for dominance as leading USD-pegged tokens. Recent data compiled through Visa’s (NYSE: V) on-chain analytics now indicates that USDC is making significant… Read More

June 30, 2026 @ 4:38 pm By JD Alois  |  

Tether, the issuer of USDT, the largest dollar based stablecoin by market cap at $184 billion, also issues USA₮ via Anchorage Digital. This is a move by Tether to please the regulatory overlords as it is managed by a federally chartered bank. Today, a report… Read More

June 29, 2026 @ 10:11 am By Omar Faridi  |  

A recent development within India’s cryptocurrency sector has highlighted how the country is not yet full prepared to enable responsible digital assets adoption. The local premium on Tether‘s USDT stablecoin has climbed above 8.5 percent. This marks a sharp increase from the typical range of… Read More

June 24, 2026 @ 10:07 am By JD Alois  |  

  The Bank of England has published proposed rules for privately issued stablecoins. This sector of Fintech may become the new, improved payment rails that provide instant transfers and payments at a lower cost than legacy providers. The rules have encouraged some participants in the… Read More

June 18, 2026 @ 3:43 pm By Omar Faridi  |  

Tether, which decisively remains the leading stablecoin (USDT) issuer, has informed its user-base about key adjustments to its product lineup. On June 17, 2026, the company revealed plans to phase out Alloy by Tether and its associated aUSD₮ token. This latest decision reportedly follows a… Read More

June 3, 2026 @ 4:11 pm By JD Alois  |  

Stablecoin issuer Tether will offer a gold-backed card in partnership with Fasset, according to a block post. The company claims this is a “world’s first” gold-backed neobank card. Fasset, based in Dubai, is regulated by the Virtual Assets Regulatory Authority and holds both a VASP… Read More

June 2, 2026 @ 11:24 pm By Omar Faridi  |  

Tether’s AI Research Group has introduced an enhancement to its open-source ecosystem. The company released a production-ready version of TurboQuant, a memory compression technique originally developed by Google Research. Integrated into the latest QVAC SDK (version 0.12.0), this technology dramatically expands what everyday devices can… Read More

May 27, 2026 @ 11:06 pm By Omar Faridi  |  

Tether has joined forces with the Government of Georgia to introduce GEL₮, a stablecoin fully backed by and representing the Georgian Lari. This initiative positions Georgia as a key player in integrating national currency into blockchain-based systems through a dedicated regulatory environment. The collab reflects… Read More