Tag: tether
South Korea Targets Tether Laundromats in Major Crypto Crackdown
Police will intensify crackdowns on Tether “laundries” used to launder crime money through USDT. Police are building crypto-investigation capacity with specialized training and a nearly…
Tether Unveils Open-Source MDK for Bitcoin Miners
Tether released a modular, open-source development kit to modernize and decentralize Bitcoin mining infrastructure. The MDK provides a single orchestration layer for monitoring and managing…
Tether Drops $1B USDT on Ethereum – Liquidity Surge Incoming?
Tether minted $1B in USDT on Ethereum in a single transaction, bringing the 48-hour total to $2 billion. USDT supply on the Tron network hit…
Tether Fires Former HSBC Gold Traders Months After Bold Push Into Bullion
Tether hired Vincent Domien and Mathew O’Neill from HSBC in late 2025 and dismissed both within a few months. The company has accumulated around 140…
Tether Taps KPMG For Full Audit Of 185 Billion USDT Reserves Expansion Plan
Tether appoints KPMG for the first full audit of $185B USDT reserves, replacing prior BDO Italia attestations. Tether hires PwC to prepare internal systems and…
Tether Moves Toward Transparency With Full Audit Of Assets And Liabilities
Tether engages a Big Four firm to conduct its first full audit covering over $184B in USDT reserves and related liabilities. The audit will review…
Tether Eyes $500B Valuation With New USAT Stablecoin Launch
Tether reports $10B profit in 2025 and holds $122B in US Treasuries while seeking a $500B valuation. Tether launches USAT stablecoin for the US market…
Crypto Investors Withdraw Billions From Binance While Reserves Stay Above 100%
Binance reserves show 8,004 BTC, 307K ETH, and $360M USDT withdrawn from the exchange within 30 days. Binance holds 631K BTC, 3.87M ETH, and $36.49B…
Standard Chartered Predicts $1T Treasury Boost From Stablecoins
Standard Chartered forecasts stablecoin market cap will surge from $304B to $2T by 2028. Stablecoin reserve parking in T-bills could generate up to $1T in…
