Tagged: tether

Hacked DeFi Platform Drift Protocol Gets Tether Backing to Reimburse Customers and Relaunch Operations

Drift Protocol—the Solana-based perpetual futures exchange—has arranged substantial new capital to address losses from a recent security breach and prepare for a full operational restart. The platform, which experienced a sophisticated attack linked to North Korean actors earlier in April, saw approximately $270 million in… Read More

Tether Invests in Stablecoin Firm, Stablecoin Development Corporation

Tether, the largest issuer of stablecoins in the world, has participated in the funding round of publicly listed Stablecoin Development Corporation (NYSE:SDEV). The company received $134 million in funding. Other investors included R01 Fund LP, Framework Ventures, and more. SDEV is a small firm that… Read More

Tether Launches Self-Custodial Digital Assets Wallet

Tether—which claims to be one of the largest digital assets companies and a key player in the web3 and stablecoin as the issuer of USD₮—has released tether.wallet. This self-custodial mobile application delivers the company’s vast financial network straight to individual users, targeting the hundreds of… Read More

Pro Crypto Political Action Committee, the Fellowship PAC, Donates to Multiple Republicans

The Fellowship PAC, a pro-crypto advocacy group, has endorsed and financially supported several members of Congress. According to posts on X, the PAC has contributed to the following politicians: Blake Miguez: Currently, a Louisiana state senator who is running for an open House seat. Mike… Read More

Tether Introduces QVAC SDK, an Open-Source Framework for Scaling AI Across Computing Devices and Operating Systems

The QVAC team within Tether announced the release of QVAC SDK, an open-source software development kit engineered as a so-called universal foundation for artificial intelligence. In a future environment (by 2100-2150 or so) expected to include 10 billion people living alongside 10 billion autonomous machines… Read More

Fellowship PAC: Tether Exec Appointed Chair of Major Crypto PAC as Stablecoin Regulation Debates Continue in Washington

In a key shift for cryptocurrency advocacy in U.S. politics, a major super PAC dedicated to digital asset innovation has installed a senior leader from the issuer of the world’s dominant stablecoin at its helm. The move highlights growing alignment between industry heavyweights and political… Read More

Tether Gold (XAU₮) Now Live on BNB Chain

Tether Gold (XAU₮), which is the tokenized gold asset in the digital economy, has now been made available on BNB Chain. This development, announced by Tether on March 26, 2026, marks a significant step in merging traditional precious metals with DLT / blockchain technology, particularly… Read More

Tether Enlists Big Four Accounting Firm to Audit Operations

Tether, issuer of the world’s largest dollar-based stablecoin USDT, says it has enlisted the services of a Big Four accounting firm to audit its operations. For years, Tether was peppered with allegations of shortcomings of reserves tied to USDT. More recently, Tether has partnered with… Read More

Tether’s QVAC Enhances AI Accessibility with New Cross-Platform Framework for Consumer Hardware

In a key step toward democratizing artificial intelligence, Tether’s QVAC division has introduced the inaugural cross-platform system for fine-tuning Microsoft’s BitNet 1-bit large language models using Low-Rank Adaptation (LoRA) techniques. Integrated into the QVAC Fabric platform and unveiled on March 17, 2026, this update now… Read More

Tether Announces New AI and Web3 focused Investments, Key Appointments

Stablecoin issuer and digital assets infrastructure focused firm Tether has been making steady progress in 2026 with a series of strategic announcements that highlight its evolving focus on responsible innovation, financial infrastructure, and emerging technologies. These developments underscore the company’s commitment to expanding its influence… Read More

Tether and Lugano Unveil Plan ₿ Phase II with CHF 5 Million Pledge to Build Resilient Digital Infrastructure

Tether has joined forces with the City of Lugano to launch Plan ₿ Phase II, a five-year strategy running through 2030 that extends their blockchain partnership. The collaboration includes a commitment of up to CHF 5 million, focused on expertise, infrastructure, research, and training. This… Read More

Tether, Anchorage Issue Reserve Report on Stablecoin USA₮

Earlier this year, Tether, in partnership with Anchorage Digital, announced a new dollar-based payment stablecoin, USA₮. The stablecoin is designed to be compliant with the GENIUS Act and thus provides an alternative to Tether’s lead stablecoin, USDT, in the US market. Today, Tether and Anchorage… Read More

North Carolina Prosecutors Seize $61 Million in Stablecoin USDT from “Pig Butchering” Crypto Investment Scam

In a victory against digital fraud, federal authorities in North Carolina have confiscated more than $61 million in USDT, the stablecoin issued by digital assets firm Tether. The U.S. Attorney’s Office for the Eastern District of North Carolina announced the seizure on February 24, 2026,… Read More

Tether Continues its Diversification Strategy with Investment in Whop

Tether, the world’s largest stablecoin issuer, has invested in Whop, a digital marketplace. Tether did not reveal the details on the investment. According to a statement from the firm, Whop will integrate Tether’s Wallet Development Kit (WDK), supporting self-custodial USD₮ and USA₮ payments directly inside… Read More

Elemental Royalty Gives Option for Dividends Settled in Tether Gold (XAU₮)

Elemental Royalty (TSX-V: ELE, NASDAQ: ELE) is now offering its investors the option to receive dividends settled in Tether Gold (XAU₮). The  company expects to declare an annual cash dividend to its shareholders of US $0.12 per common share, to be paid in quarterly instalments… Read More

Tether Keeps Buying, Investing in Other Companies

Tether, issuer of the world’s largest stablecoin, is on the warpath when it comes to diversification. The company has announced multiple new investments in other firms. Tether Investments is an independent investment arm of Tether. Based in El Salvador, the firm deploys Tether’s profits and… Read More

Digital Assets Firm Tether to Hire More Staff as Part of Business Expansion Strategy

Tether, the issuer of the world’s largest stablecoin USDT in terms of market cap and overall adoption, is embarking on an ambitious growth trajectory. The company is channeling its substantial profits into enhancing its operational capabilities and forging new partnerships that could reshape global financial… Read More

Stablecoin Issuer Tether Continues to Diversify Operations with Focus on AI, Gold Investments

In a recent profile by Fortune, Tether, the issuer of the world’s dominant stablecoin USDT, emerges as a fast-growing global entity with around $187 billion in assets under management. The digital assets focused company is eyeing significant expansion into the US market, bolstered by partnerships… Read More

Tether Buys 12% of Gold.com For $150M

This week, Tether Investments announced a strategic investment in Gold.com, acquiring a minority ownership position and establishing a long-term collaboration to expand access to gold across digital and traditional distribution channels. As part of this investment, Tether has acquired approximately 12% of Gold.com in a… Read More

Anchorage Digital Valued at $4.2 Billion Following Funding from Tether, Provides Liquidity for Insiders

Anchorage Digital, the first federally chartered digital-asset bank, has reached a $4.2 billion valuation following a $100 million investment from stablecoin issuer Tether. According to a note from the firm, the investment coincides with Tether enlisting Anchorage to issue a new US dollar stablecoin, USA₮…. Read More

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