Tether posts $1.5 billion operating profit in Q2 as reserve buffer falls by half
The world’s largest stablecoin issuer added 14 metric tons of gold and about 1,800 bitcoin to its reserves during the second quarter. Source:CoinDesk
Tether earns $1.5B in Q2 as US Treasury holdings fuel profits
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…
Tether signs tokenization deal with Nairobi Securities Exchange
The agreement covers tokenized securities, blockchainbased market infrastructure and the potential use of USDT as a settlement layer. Source:Cointelegraph
Tether’s XAUt gold token receives Shariah certification to expand Islamic finance access
The certification could expand access to Tether’s goldbacked token among Islamic financial institutions and investors seeking Shariahcompliant exposure to…
Jack Mallers steps down as XXI Capital CEO as Tether's plans to merge three bitcoin firms falls
The proposed threeway merger between Twenty One Capital, Mallers' Strike, and Elektron Energy has been abandoned. Source:CoinDesk
Tether-backed Twenty One, Strike merger plan scrapped: Bloomberg
Strike will remain a standalone company after the proposed threeway merger was scrapped, while Twenty One Capital and Elektron continue discussions, Bloomberg…
Tether Gold recognized as Accepted Spot Commodity in Abu Dhabi financial center
The recognition allows regulated firms in Abu Dhabi Global Market to offer services involving Tether Gold as tokenized commodities gain broader adoption.…
Tether's USDT hits 2-year countdown threatening its position on U.S. crypto platforms
The GENIUS Act has hit its first anniversary without U.S. regulators yet meeting deadlines to write regulations, though rules will be in full effect by July…
OKX Europe lets users convert USDT to MiCA-compliant USDC
The feature offers European customers a voluntary path away from Tether’s USDT as MiCA rules reshape the region’s stablecoin market. Source:Cointelegraph
Tether invests $20 million in Argentine neobank Ualá as it expands Latin America push
Ualá’s CEO clarified Tether is acting solely as a financial investor, citing current regional regulations preventing any immediate USDT integration.…
U.S. adds four Iran central bank crypto wallets to sanctions, Tether freezes $131 million of contents
The freeze targets TRONbased addresses that held over $165 million, preventing those specific funds from being transferred or redeemed. Source:CoinDesk
Tether invests $20M into Argentine neobank Ualá
Tether reportedly invested $20 million into Ualá, as part of the Argentine neobank’s $197 million funding round announced earlier in March. Source:Cointelegraph