Tether News

Celsius Says Tether’s BTC Fire Sale Cost It $4 Billion, Judge Lets Lawsuit Proceed
Celsius Network’s multibillion-dollar fight against stablecoin giant Tether is moving ahead after a US bankruptcy judge ruled that the law...

Bank for International Settlements Warns Stablecoins Fail Key Test
Stablecoins are enjoying growing popularity and even an increase in regulatory clarity. The European Union has comprehensive rules for the c...

Tether Freezes $12.3M on Tron Amid Crackdown on Illicit Crypto Activity
Tether has blacklisted more than US$12.3M (AU$18.4M) worth of USDT on the Tron blockchain. The freeze was executed at 9:15 a.m. UTC on Sunda...

Tether Unveils Open-Source AI Platform to Power Decentralised Crypto Payments
Tether’s CEO, Paolo Ardoino, revealed the launch of Tether AI, a fully open‑source AI runtime as the company attempts to cement its na...

Tether Posts $1B Profit, Reveals $120B in US Treasury Exposure in Q1 2025 Financials
Stablecoin Giant Tether has confirmed more than US$1 billion (AU$1.5 billion) in operating profits in Q1 2025 largely driven by its US Treas...

Cantor, SoftBank, Tether, Bitfinex Team Up for $3B Crypto Mega-Venture
Cantor Fitzgerald’s newly appointed chair, Brandon Lutnick, who is US secretary of commerce Howard Lutnick’s son, is reportedly work...

Tether Joins Ocean Mining Pool to Boost Bitcoin Network Decentralisation
Tether (USDT) is moving its global Bitcoin mining power to Ocean, a decentralised mining pool launched by Bitcoin core developer Luke Dashjr...

Tether Looks to Team Up with Big Four for Historic Audit Amid Stability Concerns
Paolo Ardoino, CEO of the largest stablecoin issuer, Tether (USDT), says the company wants to secure a full audit of its USDT reserves from ...

From Coffees to Clothes: 70% of EU Crypto Payments Fuel Retail and Dining, Oobit Report Reveals
According to the cryptocurrency payments platform Oobit, 70% of crypto payments in the European Union are used for retail, food and beverage...

With Peter Thiel, Paolo Ardoino Backing: Plasma to Launch Blockchain for Tether on Bitcoin Network
Stablecoin company Plasma has secured US$24M (AU$38M) in funding to develop a USDT-focused blockchain. The company is developing an EVM-comp...

Quantum Leap: Tether CEO Predicts Lost Bitcoin Revival; Traders Fear Return to ‘Stone Ages’
Quantum computing may one day unlock inactive Bitcoin wallets but is not an immediate threat to Bitcoin’s cryptographic security, at l...

Stablecoins Surge Past $200 Billion Cap, Signalling Potential Crypto Market Growth
Stablecoins – digital currencies tied to the price of an underlying asset – have experienced a stellar time under new US President Donal...