Binance has announced the listing of Tether Gold (XAUT), a stablecoin backed by physical gold, with a seed tag indicating potential high volatility. The new asset will be tradable against major cryptocurrencies including USDT, BTC, U, USDC, and TRY. Tether CEO Paolo Ardoino expressed enthusiasm about the listing, which allows users to deposit XAUT now and start withdrawals from March 27, 2026. Additionally, Tether is undergoing its first full independent audit by a Big Four firm to enhance transparency and trust in its stablecoin USDT backing and liquidity.
Circle won a court-backed arbitration ruling confirming it lawfully suspended Heka Funds' USDC minting and redemption services due to undisclosed ties to Tether and suspected market manipulation. Heka failed to disclose Tether as its main investor, w...
Tether is shifting stablecoin use from crypto trading to everyday financial services by leading a $7 million investment in Pact Labs. The company aims to integrate its stablecoin USA₮ into payroll systems and real-time payments, addressing the $11 tr...
Pact Labs secured $7 million in a Series A funding round led by Tether to enhance its on-chain lending platform on the Aptos blockchain. The company operates the PACT Protocol, which has facilitated nearly $2 billion in loans and serves around 500,00...
Tether led a $7 million Series A funding round in Pact Labs to expand the use of its USA₮ stablecoin in payroll, payments, and lending through fintech partnerships. Pact Labs connects traditional fintech with blockchain liquidity, enabling over 500,0...
South Korean cryptocurrency exchange Upbit began trading the Derive (DRV) token on July 14, offering trading pairs with Korean won (KRW), Bitcoin (BTC), and Tether (USDT). This listing enhances DRV's exposure in one of Asia's largest crypto markets a...
