Tether News

Tether funds Drift hack victims in swap for USDT adoption

Tether will donate $127.5 million to help Solana-based exchange Drift Protocol recover $286 million stolen by suspected North Korean Hackers.The aid package requires Drift...

Tether Hires KPMG for $184B USDT Audit

Tether has hired Big Four auditor KPMG for its first comprehensive audit of the roughly $184 billion USDT stablecoin.The firm also engaged PwC to...

Tether froze $4.2B USDT suspected in criminal use

Tether has frozen approximately $4.2 billion in USDt over three years connected to suspected crimes, with most blacklisting occurring since 2023.The stablecoin issuer recently...

Tether’s USDT Growth Slows, Crypto Liquidity Tightens Ahead of Holidays

The 60-day market capitalization growth of Tether's USDT stablecoin has significantly slowed from $15.4 billion to $4.8 billion.Stablecoin supplies remain stable but with cautious...

S&P Downgrades Tether USDT Amid Reserve Transparency Concerns

Tether faces renewed scrutiny after S&P Global downgraded its USDT stablecoin to the lowest stability rating.Concerns focus on the opacity of Tether's reserve disclosures...

S&P Downgrades Tether’s USDT Peg Stability to “Weak”

S&P Global Ratings downgraded the ability of stablecoin USDT to maintain its 1:1 peg with the U.S. dollar, labeling its rating as "weak."The downgrade...

Tether (USDT) Posts $10 Billion Profit Year-to-Date as Stablecoin Demand Rises

Tether has reported over $10 billion in profit for 2025 so far.Its reserves stand at $181.22 billion, exceeding liabilities of $174.45 billion.The circulating supply...

Tether Launches Open-Source Wallet Kit to Boost USDT Compliance

Tether released an open-source Wallet Development Kit (WDK) enabling the creation of custom crypto wallets for both humans and AI. The WDK is designed to...

Latest news

Windows ID links teen to $2M jewelry heist

U.S. prosecutors linked a Scattered Spider hacker to a luxury jewelry retailer intrusion using a persistent Windows device ID,...

DA Davidson Sets $550 Target for Microsoft Stock

Microsoft stock has dropped 20% year-to-date, becoming one of the worst-performing Magnificent 7 equities.DA Davidson has set a $550...

Strategy Sells $216M in BTC, Cash Hits $2.55B

Strategy sold 3,588 Bitcoin for roughly $216 million, its first major divestment after years of accumulationBitcoin traded at $63,700...