Tether | Crypto

USDT spreads dollar claims and Treasury funding demand while Tether keeps reserve ownership, portfolio control and gains above face value. The post Paolo Ardoino says 650 million people decentralized US debt, but Tether still controls the T-bills appeared first on CryptoSlate.

The USDT issuer will originate and advise on deals while Fasanara manages the $400 million-backed fund, which targets up to $3 billion from outside institutions. The post Tether is pushing USDT into a cracking $3 trillion Wall Street debt machine as defaults hit five-year highs at major funds appeared first on CryptoSlate.

The evergreen fund will use USDT infrastructure to support asset-backed lending through fintech platforms in more than 60 countries. Tether and Fasanara Capital have launched a private credit fund backed by $400 million from the two firms that aims to raise as much as $3 billion from institutional investors. The evergreen fund, called StableFund, will use Tether’s USDT (USDt) as settlement infrastructure for short-duration, asset-backed lending to businesses and consumers through fintech platforms in more than 60 countries, the companies said Wednesday. Fasanara will manage the fund’s investments, while Tether will source USDT-linked financing opportunities and provide the infrastructure for moving funds on- and offchain. The fund will focus on small and medium-sized businesses and consumer lending, including trade receivables and supply chain finance. Read more

Tether’s WDK design separates wallet access from payment approval, leaving developers to enforce the limits users expect. The post Paolo Ardoino wants AI agents to hold Tether, but developers are left on the hook for overspending appeared first on CryptoSlate.

Thai businessmen sue Tether over $42M frozen USDT tied to pig butchering scam, Aussie crypto firms face big fines unless they meet licensing deadline. THAILAND Two Thai businessmen have sued stablecoin issuer Tether in a New York district court, claiming it illegally froze $42.4 million in Tether USDt (USDT) in October, as part of a broader case tied to a pig butchering scheme. The plaintiffs claimed that Tether illegally froze the $42 million without a warrant in October 2025, following an informal request from US Homeland Security Investigations. Read more

The plaintiffs didn’t dispute their involvement in the pig butchering scam, but claimed that Tether did not have the authority to freeze the $42 million at the time. Two Thai businessmen sued stablecoin issuer Tether in a New York district court, claiming it illegally froze $42.4 million in Tether USDt (USDT) in October, as part of a broader case tied to a pig butchering scheme. In a Monday court filing, the plaintiffs claimed that Tether illegally froze the $42 million without a warrant in October 2025, following an informal request from US Homeland Security Investigations. Authorities in the Eastern District of North Carolina only issued a seizure warrant for the funds later in February 2026, as part of a $61 million pig butchering case. The warrant directed the burn and reissuance of the tokens to a government wallet.  Read more

The plaintiffs allege that Tether acted in response to an informal U.S. law-enforcement request more than three months before a seizure warrant was issued.

A power-allocation dispute ended two Uruguay mining sites, leaving Tether’s smaller Adecoagro pilot to prove it can secure dependable energy on workable terms. The post Tether’s $120 million Uruguay mining failure now shadows its next Bitcoin bet in Brazil appeared first on CryptoSlate.

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.