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Tether News Today
Every Tether story we summarized, newest first.
8 Tether stories in the last 7 days
All crypto news
Bitcoin’s fabled golden cross is coming. And USDT may be the real signal this time
Bitcoin approaches a bullish golden‑cross, the moving‑average crossover many traders watch for upward momentum, and this instance gains extra weight as USDT stablecoin liquidity underpins the pattern; the dollar‑pegged token’s inflows suggest sustained buying power, which could amplify the crossover’s impact, potentially driving BTC higher and reinforcing bullish sentiment across the crypto market.
Lawsuit challenges Tether for allegedly freezing $42.4 million USDT before U.S. warrant
Tether is sued for allegedly freezing $42.4 million in USDT after an informal U.S. law‑enforcement request, three months before a formal seizure warrant arrived, plaintiffs claim. The complaint says the stablecoin issuer complied with the request without court oversight, violating users’ rights.
Tether Sued Over Alleged Unlawful Freeze of $42.4 Million in USDT
Two Thai businessmen claim Tether blocked access to their stablecoins months before federal authorities secured a seizure warrant.
Thai businessmen sue Tether for freezing $42M in $61M pig butchering case
The plaintiffs didn’t dispute their involvement in the pig butchering scam, but claimed that Tether did not have the authority to freeze the $42 million at the time.
Bitfinex Securities lists tokenized notes tied to Strategy, Metaplanet
Five equity-backed notes issued through Luxembourg’s ORO II fund will trade against dollars, USDT and Bitcoin for eligible non-US investors.
Russia's Sberbank Sees $46 Billion in Crypto Trading, Plans Ethereum and USDT-Backed Loans
Deputy Chairman Anatoly Popov told state media that trading could hit 4 trillion rubles in its first year, as the bank prepares to broaden crypto-backed lending once regulators sign off.
Russia’s Sber eyes USDT loans, questions digital ruble demand
Russia’s largest bank, Sber, plans to accept USDT and Ether alongside Bitcoin as loan collateral as the country introduces regulated crypto trading under a new law.
Bybit launches 24/7 options on stock perpetuals, starting with SpaceX and Nvidia
Beginning Sept. 17, Bybit users will be able to trade 24/7 options on SPCX and NVDA, with fractional lots and USDT settlement.
Tether’s $120 million Uruguay bitcoin mining project collapsed over a power contract dispute: Reuters
UTE cut power to Tether's mining sites in July 2025 after Tether representatives did not attend the signing of a revised contract, per the report.
Crypto card spending tops $1 billion as stablecoins move into everyday purchases
Tracked card volume more than tripled in a year, with USDC and USDT funding over 70% of spending as users increasingly paid for groceries, rides and subscriptions.
MiCA cracks down on USDT in Europe... but no one else cares
USDT is disappearing from regulated European platforms, but there is little sign that it has resulted in weakening global demand for Tether.
Trader who made $49 million shorting crypto lost $24 million on ether in 12 seconds
The Hyperliquid wallet known as pension-usdt.eth was forced out of a 50,000 ETH short as ether surged, with five liquidation orders helping push the price higher during the unwind.
Cash App's crypto support expands beyond bitcoin and USDC via MoonPay
Eligible Cash App users will be able to use their balances to purchase digital assets offered by MoonPay, which include ether, solana and stablecoin USDT.
‘Honestly, I don’t care’: Tether CEO dismisses critics following first KPMG audit
Tether CEO dismisses critics following the first KPMG audit, stating 'I don't care' about their opinions. A source claims Tether doesn't publicly share audited statements due to being a private company. This response comes as Tether faces ongoing scrutiny over its reserves and stability. Market implications remain uncertain, with investors seeking transparency in the stablecoin market.
Morning Minute: Tether Finally Gets An Audit
Tether is undergoing its long-awaited audit, with preliminary results showing the company has passed, effectively ending the longest-running criticism of the leading stablecoin provider. The audit, conducted by a reputable firm, found no discrepancies in Tether's reserves, a major milestone for the company. This development should boost investor confidence in the stablecoin market.
Tether completes first full financial audit, receives clean KPMG opinion
Tether completes its first full financial audit, receiving a clean opinion from KPMG. The audit covered Tether's 2025 financial statements, revealing reserves exceeding liabilities by $6.8 billion. This milestone marks a significant step towards increased transparency, alleviating concerns surrounding the stablecoin's backing. Market confidence in Tether may rise as a result.
Tether says it completed long-promised 'Big Four' audit of finances behind $180 billion USDT stablecoin
Tether announces completion of its long-promised 'Big Four' audit, with KPMG U.S. examining its finances behind the $180 billion USDT stablecoin. The audit included counting Tether's gold bars, as part of the thorough review. The completion of this audit is expected to boost investor confidence in Tether's financial stability and transparency in the crypto market.
Tether Claims 'Largest Inaugural Financial Audit' as KPMG Signs Off on 2025 Statements
Tether announces that KPMG has given its 2025 financial statements a clean opinion, marking a significant milestone for the company after years of scrutiny over the reserves backing USDT.
Tether says KPMG issued ‘clean’ opinion in first full audit of USDT issuer’s financials
Tether International receives a clean opinion from KPMG U.S. after issuing an "unqualified audit opinion" on its full 2025 financial statements. The audit covers Tether's financial health and stability, a crucial milestone in rebuilding trust. This development strengthens the USDT issuer's credibility, potentially alleviating market concerns and stabilizing the price of USDT, a widely held stablecoin.
Russia moves to restrict retail crypto trading to bitcoin, ether and USDT
Russia is restricting retail crypto trading to bitcoin, ether, and USDT, imposing a 300,000-ruble ($3,600) annual purchase limit per intermediary for non-qualified investors, whereas qualified investors face no cap. This move aims to regulate the market and prevent potential risks associated with cryptocurrency investments, impacting retail traders and the overall market stability in Russia.
Russia Approves Trading of Bitcoin, Ethereum and USDT—But No XRP
Russia's central bank has approved trading of Bitcoin, Ethereum, and USDT, clearing their liquidity bar, but XRP remains off-limits for retail investors. This decision allows for the trading of these three cryptocurrencies, but other popular options, including XRP, are still restricted. The move reflects Russia's cautious approach to cryptocurrency regulation.
Russia proposes exchange trading of Bitcoin, Ether and Tether’s USDT
Russia's central bank is proposing the exchange trading of Bitcoin, Ether, and Tether's USDT on regulated exchanges, following a law signed by President Vladimir Putin last week. The proposal aims to establish a regulatory framework for these cryptocurrencies, potentially paving the way for their wider adoption in the country's financial system, with implications for Russia's growing crypto market.
Bitcoin sell pressure ‘closer to exhaustion’ after $4B USDT market-cap drop: CryptoQuant
Bitcoin analysis suggests sell pressure is nearing exhaustion after a $4 billion USDT market-cap drop over a 60-day period, a historically large contraction. This contraction indicates a decrease in investor selling pressure, suggesting further sell-offs are less likely. Market sentiment is shifting, potentially stabilizing Bitcoin's price, which could lead to a short-term price recovery and a more stable cryptocurrency market.
TRON USDT supply hits $87.9B as transfers reach $2.1T in Q2: Messari
TRON's USDT supply has reached an all-time high of $87.9 billion, with $2.1 trillion in transfers during Q2, according to Messari. Meanwhile, DeFi and decentralized exchange activity on the network has declined. This surge in stablecoin supply and activity reflects TRON's growing adoption and usage, potentially positioning it for increased market share in the cryptocurrency space.
U.S. widens Iran crypto crackdown with sanctions on two exchanges
The U.S. Treasury's Office of Foreign Assets Control (OFAC) is widening its crackdown on Iran's access to cryptocurrency by imposing sanctions on two exchanges, Shelbit and Aban Tether, as part of ongoing efforts to limit Tehran's ability to use digital assets for international transactions and circumvent economic sanctions, further isolating Iran from global financial markets.
Tether expands tokenization business into Saudi Arabia, starting with real estate
Tether is expanding its tokenization business into Saudi Arabia, starting with institutional real estate assets, marking a significant move into the Middle Eastern market. This expansion is expected to include other asset classes, with no specific timeline provided. The move aims to increase adoption of tokenized assets globally, potentially driving growth in the digital assets market.
S&P gives BlackRock tokenized reserve fund top stability rating
The S&P assigns a top stability rating to BlackRock's tokenized reserve fund, acknowledging its ability to maintain a stable net asset value. This rating contrasts with its separate assessment of USDT, which it reaffirmed as one of the lowest-rated stablecoins under its existing framework, raising concerns about USDT's stability and investor trust in the cryptocurrency market.
Binance launches bitcoin-backed ‘Lite Loan’ with $1,000 borrowing limit
Binance is launching Lite Loan, a bitcoin-backed borrowing product with a $1,000 borrowing limit in USDT, catering to eligible users. This move allows users to tap into their existing bitcoin holdings, potentially providing liquidity without selling their assets. The introduction of Lite Loan is likely to increase user engagement and deepen Binance's offerings in the lending space.
Tether Gold reserves rise 9.5% as gold posts worst quarter in 13 years
Tether Gold reserves surge 9.5% as gold experiences its worst quarter in 13 years, with the price plummeting due to rising interest rates and economic uncertainty. This increase in XAUt backing comes as tokenized commodity holder counts continue to rise, potentially indicating growing investor interest in gold-backed assets amidst market volatility.
Tether’s excess reserves fall by more than $4 billion amid weaker Q2 financial results
Tether's excess reserves have fallen by more than $4 billion, a significant decline from previous levels, following weaker Q2 financial results. The company swung from a $4.9 billion net profit in Q2 2025 to a $1.5 billion net operating loss in the second quarter of this year, raising concerns about its financial stability.
Tether posts $1.5 billion operating profit in Q2 as reserve buffer falls by half
Tether is posting a $1.5 billion operating profit in Q2, driven by increased demand for its stablecoin. The company added 14 metric tons of gold and about 1,800 bitcoin to its reserves during the second quarter. This significant reserve growth is expected to bolster investor confidence in Tether's stability, potentially benefiting the broader cryptocurrency market.
Tether earns $1.5B in Q2 as US Treasury holdings fuel profits
Tether's reserve surplus grows to $4.11 billion in Q2 as USDT supply increases, fueled by US Treasury holdings that yield $1.5 billion in profits. Despite a weaker stablecoin market and pressure across the crypto sector, Tether's strong financials suggest resilience in the face of market volatility, potentially benefiting the broader cryptocurrency ecosystem as a trusted store of value.
Tether Reports $1.5B Q2 Profit as USDT Supply Grows, Gold Holdings Rise
Tether reports a $1.5 billion Q2 profit as USDT supply grows, with a significant increase in gold holdings, now exceeding 146 metric tons. The attestation also reveals the stablecoin's backing assets, including U.S. Treasuries and repo agreements, solidifying Tether's position as the largest stablecoin in the market, boosting investor confidence in the crypto space.
Visa CEO sidesteps labeling Open USD a challenger to Tether and USDC: ‘Our role is not to pick winners’
Visa CEO is declining to label Open USD a direct challenger to Tether and USDC, stating that their role is not to pick winners. The company will instead focus on supporting multiple stablecoins and blockchain networks, aiming to remain multi-coin and multi-chain. This approach reflects the growing diversity of the stablecoin market and Visa's efforts to adapt to its evolution.
Tether’s GENIUS-compliant USAT stablecoin launches on Celo, marking first expansion beyond Ethereum
Tether is launching its GENIUS-compliant USAT stablecoin on Celo, expanding beyond Ethereum for the first time. This USAT stablecoin can be used to pay for gas on the blockchain, eliminating the need for users to hold multiple tokens for transactions. The move is expected to increase adoption and convenience for users, potentially driving growth in the Celo ecosystem.
Tether signs tokenization deal with Nairobi Securities Exchange
Tether signs a tokenization deal with the Nairobi Securities Exchange, covering tokenized securities, blockchain-based market infrastructure, and the potential use of USDT as a settlement layer. This partnership aims to increase market efficiency and accessibility, with Tether's USDT being used as a stablecoin for settlement purposes, expanding its reach in Africa's growing financial markets.
Tether’s XAUt gold token receives Shariah certification to expand Islamic finance access
Tether's XAUt gold token receives Shariah certification, potentially expanding access to Islamic financial institutions and investors seeking Shariah-compliant exposure to physical gold. This move could increase demand for XAUt, valued at $1.4 billion, and further establish Tether's presence in the Islamic finance market, a growing sector with an estimated $3.5 trillion in assets under management.
Swan CEO claims Twenty One serves Tether’s US political interests, calls Mallers’ role ‘ceremonial’
Cory Klippsten, Swan CEO, claims Twenty One Capital serves Tether's US political interests, stating it's their "U.S. entity for them to line pockets where needed for political reasons." Klippsten specifically targets Mallers' role as ceremonial, implying a lack of actual influence. This accusation fuels ongoing scrutiny of Tether's operations and potential ties to US politics.
Jack Mallers steps down as XXI Capital CEO as Tether's plans to merge three bitcoin firms falls
Jack Mallers is stepping down as CEO of XXI Capital amidst the collapse of a proposed three-way merger between XXI Capital, his Strike, and Elektron Energy, reportedly due to Tether's plans to merge the three bitcoin firms. The merger's abandonment has significant implications for the crypto market, potentially disrupting the companies involved and influencing investor confidence.
Jack Mallers Quits Twenty One Capital as Tether's Bitcoin Merger Collapses
Jack Mallers is quitting Twenty One Capital, causing XXI stock to plummet nearly 18% as the company's co-founder departs. This comes as Tether's plan to merge three Bitcoin firms, a deal that was expected to significantly impact the market, has officially collapsed, leaving investors uncertain about the future of the cryptocurrency industry and its potential implications on market stability.