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Tether says KPMG issued an unqualified opinion on Tether International's 2025 financial statements, its first full audit from a Big Four accounting firm. The audited numbers show reserves exceeding liabilities by $6.814 billion as of Dec. 31, 2025. Quarterly reserve attestations confirm a snapshot of assets against liabilities. A full financial-statement audit examines the balance […] The post Tether finally got the audit critics demanded, just as Washington changed the test appeared first on CryptoSlate.

KPMG’s audit covered Tether’s 2025 financial statements and found its reserves exceeded liabilities by $6.8 billion. Tether completed the first full independent audit of its annual financial statements, with KPMG US issuing a clean opinion on the stablecoin issuer’s 2025 accounts. The audit covered Tether’s balance sheet, income statement and cash flows for the year ended Dec. 31, 2025, including the assets backing its issued tokens and the liabilities they represent. Tether said the audited statements showed reserves exceeding liabilities by $6.814 billion. Unlike Tether’s quarterly reserve attestations, which it has published for years, the full audit subjected the company’s broader financial statements and underlying evidence to independent examination, including transactions, systems, ownership records, valuations and counterparties. Read more

Russia’s central bank proposed allowing Bitcoin, Ether and USDT to trade on regulated exchanges, following a law signed by President Vladimir Putin last week. Russia’s central bank has compiled a proposed list of crypto assets that could be admitted to public trading on exchanges under new rules approved last week. The list includes Bitcoin, Ether and Tether’s stablecoin USDT, the Bank of Russia said Tuesday, adding that the assets meet criteria including market capitalization, average daily trading volume and at least five years of price history on overseas markets. The proposal follows a new law, signed by President Vladimir Putin on Aug. 4, that gives the Bank of Russia authority to determine which digital currencies can be admitted to organized trading and set related rules. Read more

Five open positions held 399,088.74 aUSD₮ of debt, while the cutoff hour and any later platform route remain unpublished. The post On-chain data shows $50 million at risk as Tether’s Alloy shutdown deadline boils down to 5 forgotten gold vaults appeared first on CryptoSlate.

Tether's second-quarter materials report $1.5 billion in net operating profit, earned mainly from Treasuries and repo activity. However, the attached reserve report shows a negative $3.17 billion first-half financial result, and the company's materials do not reconcile the two figures. Subtracting the first quarter's positive $1.04 billion financial result from that first-half figure implies a […] The post Tether claims $1.5B profit, but hidden math reveals a $4.2B hit that halved its safety cushion in 90 days appeared first on CryptoSlate.

Tether’s reserve surplus grew to $4.11 billion in the second quarter as USDT supply rose despite a weaker stablecoin market and continued pressure across the crypto sector. Stablecoin issuer Tether generated another multibillion-dollar quarter as income from its US Treasury portfolio continued to bolster earnings, even as the broader crypto market remained under pressure. Tether’s latest quarterly attestation, released Friday, reported a net operating profit of $1.5 billion for the second quarter, driven primarily by interest earned on US Treasury holdings and repurchase agreements, or short-term loans backed by government securities. The company also reported a reserve buffer of $4.11 billion as of June 30, meaning its assets exceeded liabilities by that amount. Read more

The agreement covers tokenized securities, blockchain-based market infrastructure and the potential use of USDT as a settlement layer. Tether signed a memorandum of understanding with the Nairobi Securities Exchange to explore tokenized securities, blockchain-based market infrastructure and the potential use of USDt (USDT) as a settlement layer. Tether said in a Tuesday announcement that the memorandum outlines plans to explore blockchain-based market infrastructure, digital asset education and real-world asset tokenization, including the potential use of its Hadron tokenization platform for issuing and trading tokenized securities. The memorandum also calls for the parties to assess instant settlement mechanisms and the potential use of USDT as a digital settlement infrastructure layer, where permitted under Kenyan regulations. Read more

The agreement covers tokenized securities, blockchain-based market infrastructure and the potential use of USDT as a settlement layer. Tether signed a memorandum of understanding with the Nairobi Securities Exchange to explore tokenized securities, blockchain-based market infrastructure and the potential use of USDt (USDT) as a settlement layer. Tether said in a Tuesday announcement that the memorandum outlines plans to explore blockchain-based market infrastructure, digital asset education and real-world asset tokenization, including the potential use of its Hadron tokenization platform for issuing and trading tokenized securities. The memorandum also calls for the parties to assess instant settlement mechanisms and the potential use of USDT as a digital settlement infrastructure layer, where permitted under Kenyan regulations. Read more

The certification could expand access to Tether’s gold-backed token among Islamic financial institutions and investors seeking Shariah-compliant exposure to physical gold. Tether’s gold-backed token XAUt has received Shariah certification from Amanah Advisors, a move that could expand access to the token among Islamic financial institutions and investors seeking Shariah-compliant exposure to physical gold. The certification found XAUt’s structure complies with key Islamic finance principles, including full backing by physical gold, the absence of interest and leverage, and transparent reserves. Each XAUt token represents one troy ounce of physical gold stored in Swiss vaults, according to Tether. The designation gives Tether a clearer pathway to market XAUt to Islamic financial institutions and investors that require Shariah-compliant investment products. Tether said it expects the certification to support adoption across markets where Islamic finance is widely used, including the Gulf Cooperation Council, So...

Ualá’s CEO clarified Tether is acting solely as a financial investor, citing current regional regulations preventing any immediate USDT integration.

Tether reportedly invested $20 million into Ualá, as part of the Argentine neobank’s $197 million funding round announced earlier in March. Stablecoin giant Tether reportedly invested $20 million in the Argentine neobank Ualá, as part of its broader push in Latin America. The investment formed part of a $197 million equity funding round announced by Ualá in March and led by Allianz X, according to Bloomberg. Ualá disclosed Tether as a participant in the round at the time but did not reveal the size of its investment. Cointelegraph contacted Tether for confirmation but had not received a response by publication. Read more

US authorities have used Tether's control over its dollar-linked stablecoin to freeze about $475 million connected to Iran in less than three months, extending Washington's sanctions reach beyond the traditional banking system. On July 14, the US government sanctioned four wallets on the Tron blockchain holding roughly $131 million in USDT. These addresses are linked […] The post US turns stablecoin issuer Tether into a financial weapon against Iran, freezing nearly $500 million appeared first on CryptoSlate.

Tether is already the world's largest stablecoin issuer, with approximately $141 billion in direct and indirect exposure to US Treasuries. It reported $15 billion in revenue in 2025 and $1.04 billion in net profit for the first quarter of 2026, mostly from that yield alone, making it one of the more unusual companies in global […] The post Tether’s $20 billion mountain of gold – equal to a national reserve – to be used for lending appeared first on CryptoSlate.

Mercado Bitcoin will use the funding to expand tokenized finance across Latin America, adding to Tether's growing portfolio of infrastructure investments. Tether has invested $20 million in Brazilian crypto platform Mercado Bitcoin to support the company's expansion into tokenized assets, stablecoin payments, lending and other blockchain-based financial services across Latin America. Since its 2013 launch, Mercado Bitcoin has expanded beyond crypto trading into regulated financial services, including tokenized assets, credit, stablecoin payments and cross-border services. Read more

The 131-wallet freeze exposes how public-chain intelligence and issuer controls are becoming real-time enforcement infrastructure. The post Tether freezes 134 ISIS terror wallets as stablecoins now sit inside the sanctions machine appeared first on CryptoSlate.

OFAC added 134 crypto wallet addresses linked to ISIS-K to its sanctions list, including 131 Tron addresses that received more than $1.4 million in crypto donations, according to Chainalysis. The US Department of the Treasury's Office of Foreign Assets Control (OFAC) sanctioned 134 cryptocurrency wallet addresses identified as belonging to ISIS-Khorasan (ISIS-K), which has been a Specially Designated Global Terrorist since September 2015. The wallet addresses were added to the OFAC’s Specially Designated Nationals (SDN) list on Wednesday, which includes individuals, entities and digital asset addresses linked to terrorism, narcotics trafficking and other illicit activity. Stablecoin issuer Tether has frozen the balances associated with 131 Tron addresses, while the remaining three sanctioned addresses were on the Monero network, blockchain forensics company Chainalysis said in a Wednesday report. Read more

The local rupee quote shows how enforcement pressure can make stablecoin liquidity more expensive before regulated rails are ready. The post Tether trades 8.5% above India’s dollar rate as policy pressure hits USDT access appeared first on CryptoSlate.

Ether prices are currently back at crucial long-term support levels last visited in October 2023 and April 2025. Tether stablecoin USDt has become the second-largest cryptocurrency by market capitalization as Ether fell to its lowest price of the year on Friday Ether’s market capitalization dropped below $185 billion following a 5.2% price crash over 24 hours, sending the asset tumbling to $1,510 on Coinbase, according to TradingView. This allowed USDt, with a $186 billion market capitalization, to surpass the cryptocurrency.  “[The] stablecoin overtake really highlights how the market still favors stability over ETH’s volatility right now,” Andri Fauzan Adziima, research lead at Bitrue Research Institute, told Cointelegraph.  Read more

Tether is focusing on stronger user demand, deeper liquidity, and broader long-term market opportunity for its leading products. Stablecoin issuer Tether is winding down Alloy by Tether and its gold-backed, overcollateralized aUSDT stablecoin after just two years to focus on products and areas with stronger demand. Tether announced its “strategic changes” on Wednesday following a review of user activity, market demand, and the company’s “broader priorities.” Tether said it has decided to focus resources on areas where it is seeing “stronger user demand, deeper liquidity and broader long-term market opportunity,” including its gold-backed digital asset XAUT and other core products across its ecosystem. Read more

Stablecoin giant Tether led a massive Series C round for German robotics firm NEURA, which will embed crypto payment tools and edge AI.