Tether

Tether

Finance

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.

Tether CEO Paolo Ardoino (Nikhilesh De/CoinDesk)

Finance

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.

Iran Central Bank Governor Abdolnaser Hemmati casts a ballot

Finance

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.

Tether CEO Paolo Ardoino (Nikhilesh De/CoinDesk)

Markets

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.

storm, clouds, silver lining (Liu JiaWei/Unsplash)

Finance

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.

Tether CEO Paolo Ardoino (Nikhilesh De/CoinDesk)

Finance

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.

Visa offices. (Media/Visa)

Markets

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.

Indian flag (Naveed Ahmed/Unsplash)

Finance

Tether putting $23 billion gold stockpile to work with bullion-backed loans

The stablecoin issuer is extending its tokenized gold strategy by allowing holders of XAUT to borrow against their bullion, mirroring bitcoin-backed lending without selling the underlying asset.

Tether CEO Paolo Ardoino (Nikhilesh De/CoinDesk)

Markets

Tether Gold now has a dedicated options market on Bybit

These options, settled in USDT, let traders hedge risk, speculate on gold prices.

Stacked gold bars (Scottsdale Mint/Unsplash/Modified by CoinDesk)

Markets

Monero price rockets 33% to $438 amid $120 million onchain laundering maze

Onchain sleuth ZachXBT traced remaining funds across exchanges, instant swap services and other blockchains. Tether later froze $72 million in USDT linked to the activity.

Hacker working on two laptops (Azamat E/Unsplash)