POLYFACTUALv0.1
LIVE
Breaking
Bodies of climbers killed in avalanche retrieved from Broad PeakMexico deploys troops to secure avocado region after US halts importsRecord-high heat soars through South KoreaWhy was Taiwan’s president evacuated in the middle of the night?Turkiye’s Erdogan visits Saudi Arabia: What to expectOne killed, four injured in Thailand school shooting, officials sayAnti-Muslim US Congressman Andy Ogles loses congressional primaryAI used to create viruses not found in nature for first timeMore than one million affected by floods in India’s Assam stateExclusive report with the 308 people rescued by Nigerian forcesAustralian aviation crew carries out daring midwinter Antarctica rescueIsraeli raid in West Bank’s Qalandiya injures 51 PalestiniansNew Mexico court orders Meta to pay $567m over harm to youthsBrazil formally accuses 16 people over 2024 Voepass deadly plane crash‘Wiped out’ - BBC reports from Spokane neighbourhood devastated by firesTrump imposes 15% tariff on key chip material to counter ChinaPolice in Argentina use tear gas to stop protestersTwo people convicted in relation to death of French streamerTrump again tries to limit US birthright citizenship with new executive ordersDo you know who owns the media you watch?Sudan's invisible children - born in war with no legal identityAfter the floods, hunger: Mozambique’s second disasterTrump says war can’t ‘go much longer’, Hormuz deal closeSome of Doge's $110bn saving reports are wrong or lack evidence, US watchdog findsTravel restrictions – from Israel and Europe – trap students in Gaza‘No red line’: South Lebanon residents outraged as Israel resumes strikesTrump signs executive orders banning so-called ‘birth tourism’Iran’s Ghalibaf accuses Trump of conducting show diplomacy ‘on loop’Meta found to be 'public nuisance' in $567m rulingHow Abdul El-Sayed’s ‘extraordinary’ win stunned pro-Israel establishment
all crypto entities
stablecoin·USDT· 2014

Tether

Issuer of USDT, the largest stablecoin by market cap. Affiliated with Bitfinex.

under investigation
—, British Virgin Islands tether.to
ETHTRXSOLBTCBSC
Milestones · 2/2100%
2021
Settled with NYAG for $18.5M over reserve disclosures
2014
Launched USDT
Regulatory & legal history

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.

Related news · 30all crypto news →
coindeskabout 14 hours ago
Tether expands tokenization business into Saudi Arabia, starting with real estate

The stablecoin issuer is extending its tokenization business into Saudi Arabia, starting with institutional real estate assets with plans to expand to other asset classes.

cointelegraph3 days ago
Tether Gold reserves rise 9.5% as gold posts worst quarter in 13 years

XAUt added to its bullion backing during gold’s worst quarter since 2013, as tokenized commodity holder counts continued to rise.

coindesk7 days ago
Tether posts $1.5 billion operating profit in Q2 as reserve buffer falls by half

The world’s largest stablecoin issuer added 14 metric tons of gold and about 1,800 bitcoin to its reserves during the second quarter.

theblock7 days ago
Tether’s excess reserves fall by more than $4 billion amid weaker Q2 financial results

Tether swung from $4.9 billion in net profit for Q2 2025 to $1.5 in net operating profit during the second quarter of this year.

decrypt7 days ago
Tether Reports $1.5B Q2 Profit as USDT Supply Grows, Gold Holdings Rise

The latest attestation offers a snapshot of the assets backing the world's largest stablecoin, including U.S. Treasuries, repo agreements, and more than 146 metric tons of gold.

cointelegraph7 days ago
Tether earns $1.5B in Q2 as US Treasury holdings fuel profits

Tether’s reserve surplus grew to $4.11 billion in the second quarter as USDT supply rose despite a weaker stablecoin market and continued pressure across the crypto sector.

theblock9 days ago
Visa CEO sidesteps labeling Open USD a challenger to Tether and USDC: ‘Our role is not to pick winners’

The payment giant will "remain multi-coin, multi-chain" and "not to pick winners" as stablecoins are poised to proliferate.

theblock9 days ago
Tether’s GENIUS-compliant USAT stablecoin launches on Celo, marking first expansion beyond Ethereum

USAT can be used to pay for gas on the blockchain, meaning users will not have to hold multiple tokens to make USAT transactions.

cointelegraph9 days ago
Tether signs tokenization deal with Nairobi Securities Exchange

The agreement covers tokenized securities, blockchain-based market infrastructure and the potential use of USDT as a settlement layer.

cointelegraph9 days ago
Tether signs tokenization deal with Nairobi Securities Exchange

The agreement covers tokenized securities, blockchain-based market infrastructure and the potential use of USDT as a settlement layer.

cointelegraph11 days ago
Tether’s XAUt gold token receives Shariah certification to expand Islamic finance access

The certification could expand access to Tether’s gold-backed token among Islamic financial institutions and investors seeking Shariah-compliant exposure to physical gold.

theblock15 days ago
Swan CEO claims Twenty One serves Tether’s US political interests, calls Mallers’ role ‘ceremonial’

Twenty One Capital is Tether's "U.S. entity for them to ... line pockets where needed for political reasons," says Cory Klippsten.

decrypt17 days ago
Jack Mallers Quits Twenty One Capital as Tether's Bitcoin Merger Collapses

XXI stock dropped nearly 18% after the company's co-founder stepped down and Tether's plan to combine three Bitcoin firms officially fell apart.

theblock17 days ago
Jack Mallers leaves Twenty One as Strike exits Tether’s three-way bitcoin merger

Twenty One Capital named Raphael Zagury CEO, replacing founder Jack Mallers, as Strike exits a Tether-backed three-way merger.

coindesk17 days ago
Jack Mallers steps down as XXI Capital CEO as Tether's plans to merge three bitcoin firms falls

The proposed three-way merger between Twenty One Capital, Mallers' Strike, and Elektron Energy has been abandoned.

cointelegraph17 days ago
Tether-backed Twenty One, Strike merger plan scrapped: Bloomberg

Strike will remain a standalone company after the proposed three-way merger was scrapped, while Twenty One Capital and Elektron continue discussions, Bloomberg reported.

cointelegraph17 days ago
Tether Gold recognized as Accepted Spot Commodity in Abu Dhabi financial center

The recognition allows regulated firms in Abu Dhabi Global Market to offer services involving Tether Gold as tokenized commodities gain broader adoption.

coindesk19 days ago
Tether's USDT hits 2-year countdown threatening its position on U.S. crypto platforms

The GENIUS Act has hit its first anniversary without U.S. regulators yet meeting deadlines to write regulations, though rules will be in full effect by July 2028.

cointelegraph21 days ago
OKX Europe lets users convert USDT to MiCA-compliant USDC

The feature offers European customers a voluntary path away from Tether’s USDT as MiCA rules reshape the region’s stablecoin market.

theblock21 days ago
USDT vs USDC: Comparing the Two Largest Stablecoins

USDT and USDC are stablecoins pegged one-to-one to the U.S. dollar, each backed by reserves covering every token in circulation. Tether’s USDT is the largest stablecoin, with the deepest liquidity across global exchanges. Circle’s USDC is the second-largest, with Circle staking its reputation on being a publicly traded company, with frequent audits, U.S. and E.U. […]

theblock22 days ago
Tether invests $20 million in Ualá as the fintech firm reaches $3.2 billion valuation

Tether invested $20 million in Argentine neobank Ualá, joining a $197 million funding round that valued the fintech at $3.2 billion.

coindesk22 days ago
Tether invests $20 million in Argentine neobank Ualá as it expands Latin America push

Ualá’s CEO clarified Tether is acting solely as a financial investor, citing current regional regulations preventing any immediate USDT integration.

coindesk22 days ago
U.S. adds four Iran central bank crypto wallets to sanctions, Tether freezes $131 million of contents

The freeze targets TRON-based addresses that held over $165 million, preventing those specific funds from being transferred or redeemed.

cointelegraph22 days ago
Tether invests $20M into Argentine neobank Ualá

Tether reportedly invested $20 million into Ualá, as part of the Argentine neobank’s $197 million funding round announced earlier in March.

decrypt23 days ago
US Treasury Freezes $131 Million in Iran-Linked Crypto Wallets

OFAC sanctioned addresses tied to Iran's central bank and armed forces, with Tether locking four Tron wallets as Washington's financial campaign against Tehran accelerates.

theblock23 days ago
Circle suspended Tether-backed fund over market manipulation concerns, arbitration filings show

Circle suspended Heka Funds over suspected market manipulation after learning Tether had invested $800 million in the arbitrage fund.

theblock24 days ago
Tether leads $7 million round in Pact Labs to boost USAT stablecoin adoption

“Pact Labs gives us the rails to make digital dollars designed to be compliant with U.S. regulations," says Tether USAT.

decrypt24 days ago
Bolivia Is Considering Adding Tether's USDT Stablecoin to National Payments System: Report

South American nation Bolivia is considering the use of the largest dollar-backed stablecoin, USDT, per a local report.

cointelegraph25 days ago
Hyundai completes USDT treasury settlement pilot between US and Mexico

Hyundai completed a proof-of-concept using Tether's USDT to settle a cross-border treasury transfer between its US and Mexican subsidiaries, highlighting growing enterprise interest in stablecoin-based payments.

coindesk25 days ago
Bolivia weighs adding Tether's USDT to its national payments system

Crypto usage has spiked in the country, with transaction volumes hitting $430 million in the year after the central bank removed restrictions in mid-2024.