Tether (USDT) – Page 14

Tether Holds $127B in US Treasuries, Reports $4.9B Q2 Profit in Q2 2025 Attestation

July 31, 2025 by DIGIT

BDO Italia’s independent attestation report verifies Tether International held $162.57 billion in assets against $157.11 billion in liabilities as of June 30, 2025, confirming excess reserves of $5.47 billion backing its USDT stablecoin. Tether Assets Reach $162.5B, Backing $157.1B in USDT Liabilities Tether International Limited’s Q2 2025 attestation, conducted by global accounting firm BDO, validates … Read more

Ripple’s RLUSD Joins USDC and USDT in Leading Next-Gen Global Payment Systems

July 29, 2025 by DIGIT

Stablecoins are redefining global payments with unmatched speed and efficiency, as Ripple’s RLUSD gains traction amid soaring demand across volatile markets and underserved financial corridors. Ripple Names Stablecoins as Core to Fast, Low-Cost Payments in Volatile Markets Ripple published a report on July 25, examining the role of stablecoins and highlighting leading payment providers shaping … Read more

US Unseals Civil Forfeiture Action Against $2 Million in Crypto Linked to Hamas

July 23, 2025 by DIGIT

The U.S. Department of Justice and the U.S. Attorney’s Office for the District of Columbia have announced the unsealing of a civil forfeiture action targeting approximately $2 million in digital currency held in accounts with Tether Limited and Binance Holdings LTD, connected to Buy Cash Money and Money Transfer Company, a Gaza-based money transfer business … Read more

Tether Boss: GENIUS Act Positions US for Digital Finance Leadership

July 19, 2025 by DIGIT

Tether CEO Paolo Ardoino hailed the signing of the GENIUS Act by U.S. President Donald Trump on July 18 as a pivotal milestone in creating a transparent regulatory framework for digital assets in the United States. He stressed that thoughtful regulation is key to unlocking innovation, safeguarding consumers, and accelerating the mainstream adoption of blockchain … Read more

Tether’s USDT0 Deploys on Bitcoin Sidechain Rootstock

July 15, 2025 by DIGIT

Tether’s USDT0 stablecoin is now operational on the Rootstock Bitcoin sidechain. Rootstock Integrates Tether’s Omnichain USDT0 The integration makes the omnichain version of USDT accessible natively on Rootstock through Layerzero’s OFT standard. Rootstock combines Bitcoin’s proof-of-work (PoW) security via merged mining with Ethereum Virtual Machine compatibility. Rootstock’s infrastructure includes the PowPeg two-way Bitcoin bridge, block … Read more

USDT Used to Launder $4 Million in Kenyan Bank Heist, Report Says

July 12, 2025 by DIGIT

A major Kenyan bank is facing a significant internal breach, with about $4 million (KES 500 million) stolen by contractors involved in its IT infrastructure. Investigations indicate that USDT was central to the laundering process, with funds transferred to multiple offshore wallets, complicating recovery efforts. The Directorate of Criminal Investigations (DCI) has launched an investigation … Read more

USDT Hits $160B—Stablecoins Swell to $257B in Just 7 Days

July 12, 2025 by DIGIT

The stablecoin economy picked up fresh momentum this week, growing by another $2.693 billion over the past seven days. Tether’s USDT continues to lead the pack, now flaunting a market cap of $160 billion, according to data from defillama.com. With new capital flowing in, the sector shows no signs of slowing its climb—at least for … Read more

Silent Climb: Stablecoin Market Inches Toward $260B Breakout

July 5, 2025 by DIGIT

Although bitcoin has seen its fair share of price swings this week, the stablecoin market has quietly ballooned by $2.114 billion—edging ever closer to the $260 billion milestone. USDT Leads the Charge as Stablecoins Creep Toward $260B Summit Over the last seven days, the stablecoin market has climbed 0.84%, ticking up from $253.25 billion to … Read more

Adecoagro Partners With Tether to Pioneer Renewable Energy Use for Bitcoin Mining in Brazil

July 4, 2025 by DIGIT

decoagro is partnering with Tether to explore the use of its renewable energy generation for bitcoin mining in Brazil. This initiative will enable Adecoagro to redirect excess energy, currently sold at spot market prices, into a new revenue stream: bitcoin. Tether and Adecoagro Partner to Establish Green Energy Bitcoin Mining Operation in Brazil Tether, one … Read more

Tether Signs MoU to Advance Financial Inclusion in East Africa

July 2, 2025 by DIGIT

Stablecoin issuer Tether has partnered with the Zanzibar e-Government Authority (eGAZ) to advance digital asset education and drive financial innovation in developing regions. Advancing Financial Literacy Stablecoin issuer Tether has signed a pivotal Memorandum of Understanding (MoU) with the Zanzibar e-Government Authority (eGAZ) to advance digital asset education and financial innovation across developing regions. Tether … Read more