Tether
Tether adds $70 million in bitcoin to reserves, bringing holdings above 97,000 BTC
The USDT stablecoin issuer has now accumulated over $7.1 billion in bitcoin as part of its strategy to recycle up 15% of its profit into BTC.
Tether introduces crypto wallet to bring stablecoin and bitcoin payments directly to users
The stablecoin issuer's crypto wallet lets users send digital dollars, tokenized gold and bitcoin without intermediaries or gas tokens across multiple blockchains.
Super PAC tied to Tether makes first ad buy from firm founded by Tether's U.S. CEO
The Fellowship PAC spent $300,000 with Nxum Group that was co-founded by Bo Hines, the chief of Tether's U.S. arm and former adviser to President Donald Trump.
Lawmakers outraged over "disgusting" war bets on Polymarket
Polymarket removed a betting market on the rescue of U.S. service members in Iran after lawmakers criticized it for reducing a military operation to a financial trade. Will this incident add to the pressure prediction markets face in Washington? CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
Tether hires KPMG for USDT audit, brings in PwC as it gears up for U.S. expansion
FT identifies KPMG as auditor as stablecoin giant eyes fundraising and expansion under new U.S. rules
Circle stock tumbles 20% on newest Clarity Act draft
Circle shares fell 20% and Coinbase dropped about 10% after a draft of the U.S. Clarity Act raised the prospect of strict limits on stablecoin yield. The sell-off also comes as rival Tether moved to bolster confidence by hiring a Big Four accounting firm for a full audit. CoinDesk's Jennifer Sanasie hosts CoinDesk Daily.
Tether hires a 'Big Four' firm for a full audit of USDT reserves
The audit aims to address long-standing questions over USDT reserves and push new disclosure standards.
Circle's USDC volumes top Tether's USDT for first time since 2019, prompting sell-side price target hike
Japanese investment bank Mizuho remains neutral on Circle, but lifted it price target to $120 from $100.
Tether invests in Ark Labs to make Bitcoin ready for stablecoins and payments
The issuer behind the USDT stablecoin joined a $5.2 million funding round for Ark Labs, backing software that could let stablecoins move and settle on Bitcoin rails.
Stablecoin giant Tether invests $50 million in sleep technology startup Eight Sleep
The firm behind the $183 billion USDT stablecoin is expanding beyond its crypto roots to longevity and artificial intelligence.
