tether

Hyundai Card completed its first real-world stablecoin pilot with Avalanche and Tether. Visa and Circle will participate in a second stablecoin proof-of-concept set to begin later this month.

Bankers filed a Suspicious Activity Report in May 2024 regarding a £5M gift from a Tether billionaire to Farage. The report prompted the National Crime Agency to assess whether further investigation is warranted.

Nigel Farage resigned as an MP amid two investigations into gifts received from Tether investor Christopher Harborne and convicted fraudster George Cottrell. The resignations are linked to probes involving crypto-related gifts.

Tether has invested $20 million in Brazilian crypto exchange Mercado Bitcoin to support its expansion across Latin America. The investment aims to fuel Mercado Bitcoin's growth in the region.

Dune data indicates Tether's USDT dominates as a payments stablecoin, while Circle's USDC leads in DeFi applications, emphasizing the influence of blockchain choice on stablecoin usage.

Tether has invested in Mercado Bitcoin to expand tokenized finance across Latin America. This move adds to Tether's growing portfolio of infrastructure investments.

A former Tether investment chief is seeking to sell part of his stake in the stablecoin company, according to a Bloomberg report. The article does not specify the individual's name or the size of the stake being sold.

Richard Heathcote, Tether’s CIO, is seeking buyers for part of his 1.26% stake in the firm, as reported by Bloomberg.

A former Tether CIO is reported to seek the sale of their stake in the stablecoin issuer. Tether has stated it has no plans to go public, contrasting with other crypto companies considering or postponing IPOs.

Tether’s former CIO plans to sell their stake in the stablecoin company. The article includes a photo of the Tether logo at a Bithumb exchange office in Seoul.

Tether and UTEXO are launching Bitcoin-native USDT via the RGB protocol and Lightning network, enabling private, instant settlements. The integration leverages Bitcoin's UTXO model for security and privacy, contrasting with address-reuse practices on EVM blockchains. UTEXO aims to compete with TRON's dominance in USDT volume.

Circle’s USDC is surpassing Tether in stablecoin volume, according to new data from Visa. The data indicates a shift in market share between the two stablecoins.

New UK election funding rules may impact Reform's cryptocurrency billionaire donors. The restrictions follow Christopher Harborne, a Tether investor and Reform donor, registering to vote in the UK.

Nigel Farage failed to declare funding from a crypto gambling figure convicted of fraud. He is also under a parliamentary standards investigation for an undisclosed £5 million gift from Tether stakeholder Christopher Harborne.

Nigel Farage is reported to the UK Standards Watchdog over alleged lobbying related to cryptocurrency policy. A Labour MP claims the Reform leader pushed the Bank of England on measures that could benefit his largest donor, a major Tether investor.

The U.S. Treasury Department sanctioned over 130 Tron cryptocurrency wallets linked to a Central Asian ISIS affiliate. Tether froze funds associated with these wallets.

OFAC added 134 crypto wallet addresses linked to ISIS-K to its sanctions list, including 131 Tron addresses that received over $1.4 million in crypto donations, according to Chainalysis. Tether froze funds associated with these addresses.

Circle CEO highlights USDC's network advantage as OUSD emerges as a potential challenger to the Circle-Tether duopoly. Bernstein notes unresolved governance, operational, and revenue-sharing issues for OUSD.

Visa, Mastercard, and over 140 companies, including Stripe, BlackRock, and Coinbase, launched Open USD, a dollar-pegged stablecoin designed to redistribute stablecoin market economics. The project aims to challenge existing stablecoins like USDC and USDT by offering no fees and sharing reserve income with users, managed by an independent organization.

Tether is trading at a 7% to 10% premium in India. Exchanges attribute this to supply and demand dynamics.

Tether is utilizing its $23 billion gold stockpile through bullion-backed loans. The move aims to leverage the company's gold reserves for financial operations.

Tether's stablecoin has surpassed Ether in market capitalization, and Ether's price has dropped to $1.5K. Ether prices are currently back at crucial long-term support levels.

Nigel Farage stated he could use a $6.7 million gift from Christopher Harborne to buy Ferraris if desired. He described the gift as a 'private matter' during a standards investigation.

Tether generates revenue by earning interest on reserve assets backing USDT, primarily investing in short-term U.S. Treasury bills and low-risk instruments. The yield from these investments is Tether's core income source.

A crypto super PAC previously aligned with Trump and Republicans has spent $300,000 supporting New York Rep. Ritchie Torres in his reelection primary. The Fellowship PAC, funded by Cantor Fitzgerald, is backing Torres, a House Financial Services Committee member and co-founder of the Congressional Crypto Caucus. The PAC has also endorsed Republicans like Sen. Lindsey Graham and Texas AG Ken Paxton.

Tether is discontinuing support for the Alloy by Tether platform and the aUSDT stablecoin, which is over-collateralized by XAUT.

Tether is reducing its gold-backed derivative stablecoin aUSDT, prioritizing products with stronger user demand, deeper liquidity, and broader long-term market opportunities.

Tether briefly caused Ether's value to flip, prompting a reality check for the cryptocurrency market. The event highlights volatility in crypto assets and concerns over market stability.

Tether led a $1.4 billion funding round in Neura, a German robotics company. The investment highlights significant financial backing for Neura's robotics initiatives.

A German humanoid robotics startup secured $1.4 billion in funding from Amazon, Nvidia, and Tether. This investment marks the largest funding round ever for a full-stack robotics company.

Citadel warns that the AI boom may face rising costs, while Tether has led a $1.4 billion investment into humanoid robotics. The article also notes the upcoming SpaceX IPO as a relevant context.

Fortune's Crypto 100 ranks top blockchain companies across 10 categories, including pioneers like Coinbase and Kraken, as well as newer firms like Hyperliquid and Ondo. The list highlights companies in finance, crypto services, and stablecoins, with Bitcoin leading the blockchains & protocols category.

Tether, Nvidia, and Amazon participated in a $1.4 billion Series C funding round for German robotics firm NEURA, which plans to integrate crypto payment tools and edge AI into its humanoid robotics projects.

Tether is leading a $1.4 billion investment in robotics firm Neura and will integrate a crypto wallet into its ecosystem. The company will deploy technology within Neura's robotics ecosystem.

German start-up Neura raised $1.4 billion in a fundraising deal for its humanoid robot initiative. The investment, led by Tether, Amazon, and Nvidia, values the company at approximately $7 billion.

Labour Party Chair Anna Turley accused Nigel Farage of evading scrutiny over a $6.7 million gift from Tether billionaire Christopher Harborne.

Christopher Harborne, linked to Tether, and Ben Delo, co-founder of BitMEX, donated $9.4 million to Nigel Farage’s Reform UK in the first quarter. The donations support Farage’s pro-crypto political party.

Crypto billionaires Christopher Harborne and Ben Delo donated $9.4 million to Nigel Farage’s Reform UK in Q1, outspending Britain's traditional political donors.

Tether has launched a tokenized gold stablecoin Visa card that allows holders to spend their gold anywhere Visa is accepted and earn crypto rewards.

Adecoagro, a Tether-backed agribusiness, will launch sugarcane-powered Bitcoin mining in Brazil starting July 1, 2026, using 10 megawatts of energy from sugarcane waste in Ivinhema, Mato Grosso do Sul. The project involves 1,280 mining machines and leverages surplus electricity generated from bagasse, a byproduct of sugarcane processing, with Tether contributing expertise in digital assets and its proprietary Mining OS.