Tether’s flagship stablecoin, USDT, is expanding at an unprecedented pace, reaching a record market capitalization of $160 billion despite looming challenges from new U.S. regulations. According to a July 18 analysis by CryptoQuant contributor Darkfost, the surge has been fueled largely by activity on the TRON blockchain, where USDT supply ...
A recent cyberattack targeting reserve accounts via C&M Software has rocked Brazil’s financial sector, triggering swift and coordinated action from the global crypto industry. The breach, which affected multiple financial institutions, is being treated as a highly organized and sophisticated intrusion. In response, crypto exchange Bybit confirmed its active involvement ...
Tether, the world’s largest stablecoin issuer, has announced a strategic investment in Crystal Intelligence, a blockchain analytics firm specializing in advanced risk monitoring, fraud detection, and regulatory intelligence solutions. This move comes amid a sharp rise in cryptocurrency-related crime, with the FBI reporting that crypto scams in the United States ...
Tether, the world’s largest stablecoin issuer, has deepened its foray into mainstream sports by acquiring a minority stake in Juventus Football Club. This move marks a significant step in Tether’s broader strategy to merge digital asset technology with established industries, particularly in the realm of professional sports. Paolo Ardoino, CEO ...
In a striking display of financial heft and stability, Tether has overtaken Germany in U.S. Treasury bill holdings, underscoring its dominant position in the digital asset ecosystem and its conservative approach to reserve management. According to the U.S. Department of the Treasury data and Tether’s Q1 2025 attestation report, the ...
Stablecoin issuer Tether has deepened its bet on Bitcoin, purchasing $458.7 million worth of the cryptocurrency on behalf of Bitcoin investment firm Twenty One Capital, which is currently navigating a SPAC merger with Cantor Equity Partners. According to a May 13 filing with the U.S. Securities and Exchange Commission (SEC), ...
Tether Gold (XAUt), the gold-backed stablecoin issued by Tether, has officially launched in Thailand with its listing on the local cryptocurrency exchange Maxbit. This development was announced on May 13, marking a significant step for tokenized gold assets in the Thai market. Maxbit, a licensed digital asset exchange launched in ...
Tether has announced the native launch of its USD₮ stablecoin on the Kaia blockchain, marking a significant milestone for Web3 and stablecoin adoption across Asia. The move is a joint effort with LINE NEXT, the Web3 subsidiary of LINE, and Kaia, a high-performance public Layer 1 blockchain that powers Mini ...
The competition between Ethereum and Tron for dominance in the stablecoin market is intensifying again. According to Arkham Intelligence, Tether, the world's largest stablecoin issuer, minted an additional $1 billion USDT on the Tron network on May 5. This recent issuance has increased Tron's total USDT circulation to $71.4 billion, ...
In a fresh demonstration of dominance in the stablecoin market, Tether released its financials for Q1 2025, revealing a massive $1 billion operating profit and nearly $120 billion in exposure to U.S. Treasurys. According to the latest attestation, Tether holds $98.5 billion in U.S. Treasury bills, with an additional $23 ...
