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On Thursday, April 16, data compiled by defillama.com indicates the stablecoin sector has now surpassed the $320 billion threshold, following $2.54 billion in inflows recorded over the past seven days. Key Takeaways: Defillama.com data shows stablecoins hit $320.007B on Apr. 16 after $2.54B in 7D inflows. Tether’s USDT holds 57.96% ($185.463B), down 2.5%, as Circle’s … Read more
Tether announced a recovery plan of up to $150 million to help Drift Protocol users recoup losses from an April 1 exploit that drained approximately $285 million from the Solana-based trading platform. Key Takeaways: Tether committed up to $127.5 million toward Drift Protocol’s recovery plan following the April 1, 2026 exploit. The $150 million recovery … Read more
Tether has joined a $134 million funding round for Stablecoin Development Corporation (SDEV), signaling growing institutional focus on stablecoin infrastructure. The move reflects rising real-world adoption of stablecoins beyond trading. Key Takeaways: Tether joined a $134 million SDEV round, boosting stablecoin infrastructure investment. USDT’s 570 million users and $33 trillion volume show a shift from … Read more
Tether transferred 951 bitcoin, worth approximately $70.5 million, from a Bitfinex hot wallet into its dedicated bitcoin reserve address on April 15, 2026, bringing its total holdings to 97,141 BTC. Five days prior, on April 10, it also acquired a total of four bitcoin. Key Takeaways: Tether moved 951 BTC worth roughly $70.5M from a … Read more
The world’s largest stablecoin issuer, Tether, launched tether.wallet on Tuesday, giving hundreds of millions of users direct access to a self-custodial digital wallet built on the company’s existing global financial infrastructure. Key Takeaways: Tether launched tether.wallet on April 14, 2026, giving its 570 million users direct self-custodial access to USDT, XAUT, and bitcoin. Tether’s WDK … Read more
A pro- crypto super PAC linked to Tether executives spent $300,000 on its first political ad buy, directing the funds to a firm co-founded by Tether’s U.S. CEO. Key Takeaways: Fellowship PAC filed its first FEC expenditure on April 8, 2026, directing $300,000 to Nxum Group LLC for advertising. The ad buy backed Clay Fuller … Read more
Tether, the issuer of the world’s largest stablecoin USDT, has engaged KPMG to conduct its first-ever full independent financial statement audit, a step the company has delayed for nearly a decade. Tether Reported to Hire KPMG for First Full USDT Audit The Financial Times reported on Friday that KPMG is the firm selected to perform … Read more
Circle’s stock took a sharp hit on Tuesday as regulatory pressure and a rival’s credibility push collided in real time. CRCL Faces Double Blow From U.S. Policy Draft and Rival Audit News Circle Internet Financial (NYSE: CRCL) saw its shares tumble roughly 20% intraday on March 24, 2026, sliding from early highs near $125 to … Read more
Tether is taking aim at Big Tech’s AI hardware moat with a framework that promises to shrink billion-parameter model training down to something your phone can handle. Tether AI Framework Cuts VRAM Use by Over 70%, Expands Edge Computing On Tuesday, Tether unveiled a cross-platform LoRA fine-tuning framework for Microsoft’s Bitnet models, introducing what it … Read more
Ark Labs secured $5.2 million in seed funding led by Tether to scale its Arkade infrastructure for programmable bitcoin transactions. Ark Labs announced on March 12, 2026, the closure of a $5.2 million seed round in Lugano, Switzerland, to expand its Bitcoin-based financial infrastructure. The round features prominent investors including Tether, Ego Death Capital, and … Read more