Tether

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.

Jack Mallers steps down as XXI Capital CEO as Tether's plans to merge three bitcoin firms falls
The proposed three-way merger between Twenty One Capital, Mallers' Strike, and Elektron Energy has been abandoned.

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 2028.

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 TRON-based addresses that held over $165 million, preventing those specific funds from being transferred or redeemed.

Bolivia weighs adding Tether's USDT to its national payments system
Crypto usage has spiked in the country, with transaction volumes hitting $430 million in the year after the central bank removed restrictions in mid-2024.

Stablecoin market cap has shrunk by $10 billion since May, but analyst sees no reason to panic
The market shrank by $7.7 billion in June alone, the largest dollar amount since May 2022's Terra-Luna crash, but stablecoins will likely resume their long-term growth, one analyst said.

Former Tether investment chief is looking to sell part of his stake in the stablecoin giant: Bloomberg
Richard Heathcote is reportedly working with PJT Partners to find a buyer for a small part of his 1.26% holding in the issuer of USDT following his transition to an advisory role.

Circle’s USDC is leaving Tether behind in the stablecoin volume race, new data from Visa shows
As Wall Street banks adopt digital currencies for faster settlements, overall trading volume spiked 63% in just a single month.

Tether trades at 7% to 10% premium in India. Exchanges say it's just supply and demand
Executives at major platforms CoinDCX and CoinSwitch say the premium reflects a demand-supply imbalance and thin local liquidity.

