Tether
Issuer of USDT, the largest stablecoin by market cap. Affiliated with Bitfinex.
Long history of opacity around reserves. Feb 2021: $18.5M NYAG settlement. Oct 2021: $41M CFTC fine. Ongoing scrutiny over US sanctions exposure on Tron-USDT.
"When XAUT-backed loans go live, you will be able to borrow against your gold the way you already borrow against Bitcoin," Ledn said.
Ledn’s addition of Tether Gold lending comes as tokenized commodities expand, with the sector accounting for nearly 17% of the $43 billion RWA market.
Tether said it is winding down the 'Alloy by Tether' platform and discontinuing support for aUSDT, a stablecoin over-collateralized by XAUT.
Tether is focusing on stronger user demand, deeper liquidity, and broader long-term market opportunity for its leading products.
These options, settled in USDT, let traders hedge risk, speculate on gold prices.
Onchain sleuth ZachXBT traced remaining funds across exchanges, instant swap services and other blockchains. Tether later froze $72 million in USDT linked to the activity.
The investment is part of the stablecoin giant’s expansion into industries outside of crypto.
Citadel says the AI boom may be running into a cost wall, and Tether just led a $1.4B round into humanoid robotics.
Stablecoin giant Tether led a massive Series C round for German robotics firm NEURA, which will embed crypto payment tools and edge AI.
Tether will also provide and "deploy" technology within the Neura robotics ecosystem, including a crypto wallet integration.
NEURA plans to integrate Tether's wallet and AI technologies into its robotics platform, enabling autonomous payments and on-device computing for machines.
Labour Party Chair Anna Turley wrote to Nigel Farage accusing him of “evading reasonable scrutiny” over Christopher Harborne’s gift.
Tether-linked billionaire Christopher Harborne and BitMEX co-founder Ben Delo donated $9.4 million to Nigel Farage’s Reform UK in the first quarter.
Tether investor Christopher Harborne and BitMEX co-founder Ben Delo’s outspent Britain's traditional political donors.
Holders will be able to do more with their gold, instantly spending Tether's tokenized version anywhere Visa is accepted.
Bitcoin Magazine Tether-Backed Adecoagro to Launch Sugarcane-Powered Bitcoin Mining in Brazil Adecoagro is set to begin Bitcoin mining operations in Brazil using electricity generated from sugarcane waste, with a target launch date of July 1. This post Tether-Backed Adecoagro to Launch Sugarcane-Powered Bitcoin Mining in Brazil first appeared on Bitcoin Magazine and is written by Micah Zimmerman .
The card will operate on the Visa network, enabling users to spend fiat at merchant stores worldwide where Visa cards are accepted.
The attacker took USDC, ether, tether and PAYG tokens before laundering a portion through ChangeNow and Binance.
USAT's market cap jumped above $140 million in April, though it remains well behind Circle's USDC, PayPal's PYUSD and Ripple's RLUSD tokens.
Tether’s USA₮ supply grew six-fold month-over-month to over 140 million tokens, according to Anchorage Digital's latest attestation.
The USDT-dedicated Layer 1 Stable's new product lets holders earn yield tied to traditional assets like Treasurys and gold.
Tether plans to issue a stablecoin in Georgia with support from the country’s government, marking a new frontier for the crypto giant.
Georgia’s central bank released stablecoin rules in March covering reserve backing, issuer documents and external auditor verification.
GELT is designed to support cross-border commerce under a Georgian framework aligned with emerging U.S. stablecoin regulations.
Institutional crypto adoption accelerates as Tether expands Bitcoin holdings, miners pivot to AI and Polymarket joins Nasdaq amid $1 billion fund outflows.
The stablecoin issuer bought SoftBank’s 26% stake, expanding its control over the public Bitcoin holder as it moves into lending, mining and capital markets.
After dropping nearly $1 billion on the Bitcoin treasury firm co-founded by Tether, Japanese investment firm SoftBank has been bought out.
Bitcoin Magazine Tether Takes Control of Twenty One Capital After Buying Out SoftBank Tether has bought out SoftBank’s stake in Twenty One Capital, giving it full control of the Jack Mallers-cofounded firm and positioning it as Tether’s primary public Bitcoin vehicle. This post Tether Takes Control of Twenty One Capital After Buying Out SoftBank first appeared on Bitcoin Magazine and is written by Micah Zimmerman .
Tether has acquired SoftBank's stake in Twenty One Capital, with SoftBank's representatives stepping down from its board of directors.
With the additional funding, Sorted intends to expand geographically, particularly targeting Sub-Saharan Africa and South Asia.