Tag: Tether

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Conduit sues Tether over allegedly freezing $2.8M without explanation

The lawsuit alleged that Tether froze USDt funds in a Conduit wallet tied to an investigation launched by Brazilian authorities in 2024.

Tether says it had ‘limited’ exposure to bank linked to $84M US seizure

US prosecutors alleged that a payments business illegally transferred hundreds of millions of dollars at the direction of EQIBank, where Tether holds some assets.

Tether pushes into private credit with $400 million fund with Fasanara

The USDT issuer will help source lending opportunities and provide stablecoin payment infrastructure for Fasanara's private credit network.

Plenti Raises $3M From Tether, Verda Ventures to Expand Across Latin America

Colombian FinTech platform Plenti has raised $3 million in a seed funding round led by Tether with participation from Verda Ventures.Plenti has built a...

Tether (USDT) says it completed long-promised audit from KPMG, down to counting its gold bars

Tether said in March that it had hired a “Big Four” accounting firm to conduct its first full audit. KPMG is one of the...

U.S. sanctions Iran-linked crypto exchanges Shelbit and Aban Tether

Additionally, the OFAC also sanctioned a network of foreign exchange houses, shell companies and individuals on Friday that it said helped Iran's shadow banking...

Tether expands tokenization platform to Saudi Arabia, starting with real estate

Tether, best known for issuing USDT, the world’s most widely used stablecoin, is expanding its push into real-world asset tokenization to bring institutional-grade real...

Tether clears $1.5 billion in profit as its safety cushion shrinks by half

Tether reported $1.5 billion in net operating profit for the second quarter of 2026, driven by returns from its U.S. Treasury and repurchase agreement...

Tether invests $20 million in Argentine neobank Ualá as it expands Latin America push

Leading stablecoin issuer Tether invested $20 million in Argentine neobank Ualá, taking an equity stake in a financial platform with more than 11 million...

Stablecoins see biggest drop since 2022 crypto winter led by Tether (USDT), Circle’s USDC decline

The combined market capitalization of major stablecoins fell from roughly $166 billion in March 2022 to $122 billion by September 2023, RWA.xyz data shows...

Tether Invests $20M in Brazil’s Mercado Bitcoin

Tether has invested $20 million in a strategic growth financing round for Mercado Bitcoin, Brazil's largest crypto exchange, the stablecoin issuer announced Tuesday. The...

Tether Invests $20 Million In Brazil’s Mercado Bitcoin

Tether said Tuesday it will invest $20 million in a strategic growth financing round for Mercado Bitcoin, a move that deepens the...