Tagged: usdt

September 24, 2026 @ 8:16 am By Omar Faridi  |  

Tether’s refusal to seek authorization under Europe’s Markets in Crypto-Assets (MiCA) framework was driven by one reserve rule rather than a general objection to oversight. MiCA requires issuers of significant stablecoins to keep at least 60 percent of backing assets as deposits with commercial banks. Chief… Read More

September 21, 2026 @ 4:23 pm By Omar Faridi  |  

A Hong Kong court has imposed a four-year prison sentence on a former retail banker who accepted more than US$470,000 in Tether (USDT) to lend the appearance of legitimacy to forged standby letters of credit and related documents with a combined face value exceeding US$1.6… Read More

September 20, 2026 @ 12:43 am By Omar Faridi  |  

Poland’s state-controlled energy group Orlen is facing one of its costliest trading setbacks after a late-2023 attempt to secure cheap Venezuelan crude unraveled. The arrangement, handled through its Swiss trading arm, Orlen Trading Switzerland, was meant to lock in about six million barrels of heavy… 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 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 2, 2026 @ 5:23 pm By Omar Faridi  |  

Elliptic has pointed out that A7A5 emerged as a specialized digital asset designed to help Russian firms navigate international restrictions. Pegged to the ruble and launched in early 2025 by entities tied to sanctioned Russian interests, including a state-linked bank and a controversial figure with… 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 17, 2026 @ 8:29 am By Omar Faridi  |  

Stable, the Layer-1 blockchain developed in close alignment with Tether and backed by entities like Bitfinex, has rolled out StablePay, its flagship consumer application designed to transform how people and businesses handle stablecoin transactions. This move marks a significant step forward in creating practical, everyday… 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

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

May 17, 2026 @ 9:14 am By Omar Faridi  |  

The T3 Financial Crime Unit has announced the freezing of more than $450 million in illicit funds worldwide. Launched as a collaborative effort between Tether, TRON, and blockchain intelligence firm TRM Labs, the unit continues to expand its role in disrupting illegal financial activities across… Read More

March 24, 2026 @ 4:39 pm By JD Alois  |  

Tether, issuer of the world’s largest dollar-based stablecoin USDT, says it has enlisted the services of a Big Four accounting firm to audit its operations. For years, Tether was peppered with allegations of shortcomings of reserves tied to USDT. More recently, Tether has partnered with… Read More

March 2, 2026 @ 11:38 am By JD Alois  |  

Earlier this year, Tether, in partnership with Anchorage Digital, announced a new dollar-based payment stablecoin, USA₮. The stablecoin is designed to be compliant with the GENIUS Act and thus provides an alternative to Tether’s lead stablecoin, USDT, in the US market. Today, Tether and Anchorage… Read More

February 26, 2026 @ 8:16 am By Omar Faridi  |  

In a victory against digital fraud, federal authorities in North Carolina have confiscated more than $61 million in USDT, the stablecoin issued by digital assets firm Tether. The U.S. Attorney’s Office for the Eastern District of North Carolina announced the seizure on February 24, 2026,… Read More

February 10, 2026 @ 12:44 am By Omar Faridi  |  

Tether, the issuer of the world’s largest stablecoin USDT in terms of market cap and overall adoption, is embarking on an ambitious growth trajectory. The company is channeling its substantial profits into enhancing its operational capabilities and forging new partnerships that could reshape global financial… Read More

February 1, 2026 @ 7:32 am By Omar Faridi  |  

Tether has unveiled its financial results for 2025, showcasing profitability and effective asset management. The company’s latest quarterly attestation, independently verified by BDO—a leading global accounting firm—paints a picture of sustained growth and financial strength. This report, covering the period ending December 31, 2025, underscores… Read More

December 29, 2025 @ 10:55 am By Omar Faridi  |  

In the evolving ecosystem of web3 and cryptocurrency platforms and exchange services, stablecoins have become a focal point for anti-money laundering (AML) efforts. A recent report highlights a significant development in how two leading issuers handle asset freezes, underscoring broader tensions between tech advancements and… Read More

December 9, 2025 @ 3:15 pm By Omar Faridi  |  

Tether, which claims to be one of the largest companies in the digital assets industry, has announced recently that USD₮ issued on a number of major blockchains has been formally recognised as an Accepted Fiat-Referenced Token (AFRT) within ADGM. The recognition allows Authorised Persons licensed… Read More

November 29, 2025 @ 4:37 pm By Omar Faridi  |  

S&P Global may have somewhat surprised the stablecoin sector this past week after cutting Tether’s rating to “weak,” citing persistent disclosure gaps and structural opacity across its reserves. The downgrade appears have put fresh scrutiny on the world’s largest stablecoin, Tether (USDT), and analysts at… Read More

November 10, 2025 @ 5:27 pm By Omar Faridi  |  

Orbital, a payment orchestration platform across stablecoins and traditional payment rails, released its Q3 Stablecoin Retail Payments Index snapshot. With data having reportedly been sourced from Artemis, the Index suggests a sector that’s gradually maturing, with various stablecoin product launches balanced with a transition to… Read More