Thai Investors Sue Tether Over $42M USDT Freeze Without Warrant
Two Thai businessmen say Tether blacklisted $42.4 million of their USDT four months before any court authorized the freeze, and now they’re suing to get it back. A Freeze Before…
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Tether’s $120M Uruguay Bitcoin Mining Bet Ends in Power Dispute
Tether abandoned a roughly $120 million Bitcoin mining investment in Uruguay after a dispute with the state power company escalated into unpaid bills, an electricity cutoff and layoffs, according to…
Tether CEO Says USDT Drives Trade Across Emerging Markets
Paolo Ardoino, CEO of top stablecoin issuer Tether, said USDT’s dollar-proxy function has scaled globally, giving developing countries access to foreign currency for domestic and cross-border commerce. Ardoino stressed that…
Tether Pushes Into Artificial Intelligence as User Base Tops 650M
Tether is expanding into artificial intelligence as it looks to build on a global user base of more than 650 million. CEO Paolo Ardoino says the company increasingly sees itself…
Tether Completes Audit, Wintermute Bets on AI and High-Frequency Trading, And More – Weekly Recap
This week’s stories spanned old crypto fortunes, transparency, market forecasts, trading expansion, and macro shifts. Dormant Ethereum whales moved millions after more than a decade, while KPMG issued Tether a…
KPMG Completes Full Audit of Tether’s 2025 Financial Statements
Tether disclosed that KPMG U.S. completed a full audit of its 2025 financial statements and issued an unqualified opinion, the most favorable conclusion an independent auditor can provide. KPMG Reviews…
Tether Clears First Full Audit as KPMG Issues Unqualified Opinion on 2025 Statements
The entity behind the world’s largest stablecoin has announced that KPMG U.S. issued an unqualified audit opinion on the financial statements of Tether International, S.A. de C.V. for the year…
USDT Issuer Tether Hits $1.5B Q2 Profit, Hoards 98,932 Bitcoin
The largest stablecoin company reported a $446 million market capitalization increase despite a general market slowdown in Q2. While most of USDT’s collateral is still comprised of U.S. Treasury bills,…
Nairobi Securities Exchange Teams With Tether to Test USDT Settlement Across $26.4B Market
The Nairobi Securities Exchange and Tether signed a memorandum of understanding to advance digital asset adoption, blockchain infrastructure and investor education in Kenya. Expansion of Digital Assets The Nairobi Securities…
Tether Data Pushes AI Off the Cloud With New 460M Parameter Vision Model
Tether Data has open-sourced a 460-million-parameter vision-language model built to run directly on smartphones instead of relying on cloud servers. Released Wednesday by the company’s AI research arm, QVAC, VisionPsy-Nano…
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