Tether

Tether

Finance

South Korea’s Top Banks Said to Meet Tether, Circle on Stablecoin Partnerships: Report

In separate meetings, executives from Shinhan, Hana, KB Financial and Woori Bank will explore the role of dollar-pegged and won-pegged stablecoins in the country.

A view of Seoul, the capital of South Korea

Finance

Tether Taps Bo Hines, Former White House Crypto Council Head, as Advisor for U.S Strategy

Hines will guide Tether’s U.S. market push, focusing on policy engagement and digital asset growth, the firm said.

Bo Hines on CoinDesk TV

Finance

Transak Raises $16M From IDG Capital, Tether to Scale Stablecoin Payment Network

Transak plans to use the funds to expand its stablecoin payments stack and enter new markets, the company said.

Seed Funding Investment coins in a jar (Towfiqu barbhuiya/Unsplash/Modified by CoinDesk)

Policy

Tether, Tron-Backed T3 Financial Crime Unit Has Frozen $250M of Criminal Assets in a Year

The crypto crime-fighting initiative marks a major milestone as it launches a new collaboration program with Binance to boost enforcement.

Tether CEO Paolo Ardoino (Nikhilesh De/CoinDesk)

Finance

Rumble Gains on Plans to Acquire Tether-Affiliated Northern Data

Under the deal, the two firms — both backed by USDT issuer Tether — combine into one.

Rumble CEO Chris Pavlovski at Consensus 2025 in Toronto (CoinDesk)

Finance

Tether Leads 30M-Euro Investment Round in Spanish Crypto Exchange Bit2Me

The deal follows Bit2Me's authorization under the EU's MiCA license approval, allowing it to operate across the European Union.

Bit2Me's team posing for a photo (Bit2Me)

Finance

Tether Reports $4.9B Net Profit in Q2, Invested $4B in U.S. Initiatives

The firm held roughly $8.9 billion in bitcoin in the reserves, translating to roughly 83,200 coins.

Tether CEO Paolo Ardoino (Nikhilesh De/CoinDesk)

Finance

Tether-Focused Blockchain Stable Raises $28M to Power Stablecoin Payments

The blockchain aims to enable fast, low-cost and stable digital payments using USDT as its gas token.

Pot full of coins (micheile henderson/Unsplash)

Policy

Tether CEO Says He'll Comply With GENIUS to Come to U.S., Circle Says It's Set Now

Paolo Ardoino, Tether's chief, said his firm will come to the U.S., is chasing high-level auditing and will adjust reserves, but Jeremy Allaire said Circle is already compliant.

Tether CEO Paolo Ardoino (Nikhilesh De/CoinDesk)

Web3

Tether to Halt USDT on Omni, BCH, Kusama, EOS, Algorand as Focus Shifts to Layer 2s

The decision is due to declining usage of USDT on these networks over the past two years and as the company moves its focus to newer platforms such as Layer 2s.

U.S. Capitol and Tether (Jesse Hamilton/CoinDesk)