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Tether has announced an agreement with the National Bank of Kazakhstan (NBK) to explore a stablecoin pegged to the tenge, the country’s national currency. The memorandum of understanding also includes…
Kazakhstan already has a tenge stablecoin in a central-bank sandbox. Now it has brought Tether into the room to study another one. Tether, the National Bank of Kazakhstan, and the…
Conduit Technology has sued Tether after the stablecoin issuer froze $2.76 million in the company’s USDT and allegedly kept it locked for more than a year. The stranger part is…
Stablecoin giant Tether said on Monday it has helped US authorities freeze nearly $550 million in Iran-linked USDT so far this year. The company detailed two of those developments. The…
On Monday, stablecoin heavyweight Tether disclosed that it had assisted in freezing nearly $550 million in Iran-linked USDT. Yet that very same day, the Wall Street Journal (WSJ) published an…
The largest stablecoin issuer would have been using the firm as a bridge to be able to hold bank accounts in the U.S. and settle payments to “hundreds of individuals…
Tether co-founder Reeve Collins says the next generation of stablecoins will make collateral transparent onchain while separating yield from the token itself and distributing returns programmatically. He also expects AI…
According to reports, cryptocurrency use in Iran is not fringe but a working trade-settlement rail. Tehran is quietly moving funds across these digital rails using bitcoin (BTC) and tether (USDT)…
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…
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…