The US Department of Justice publicly thanked Tether for its role in disrupting Xinbi Guarantee, a Chinese-language crypto marketplace accused of supporting fraud and money laundering. Authorities restrained over $52 million in digital assets linked to the platform, which operated mainly on Telegram and facilitated scams including fake investment sites and money laundering. Tether's ability to freeze tokens quickly at the contract level was crucial in the coordinated sweep. This action is part of a broader US crackdown on large-scale crypto fraud, highlighting Tether's growing role as an active partner in investigations, beyond just compliance. While freezing assets is a key step, returning funds to victims can take months or years through legal processes. The case also underscores how Telegram and stablecoins have become central to transnational fraud operations.
Allbridge Core has processed $1.64 billion in stablecoins through the TRON network across nearly 80,000 transfers, making TRON its leading ecosystem network. TRON dominates stablecoin activity with $2.08 trillion settled in Q2 2026 and holds 47% of t...
Tether's USDT and Circle's USDC together control about 85% of the stablecoin market, with a combined supply of roughly $257.7 billion out of a $302.9 billion total market cap. USDT leads with 60.5% share, while USDC holds 24.5%, serving different rol...
Tether and Fasanara Capital have partnered to launch StableFund, a $400 million evergreen private credit fund using Tether's USDT stablecoin for cross-border lending. The fund aims to expand to $3 billion by attracting institutional investors and wil...
Tether and Fasanara Capital have launched StableFund, a private credit fund seeded with $400 million and targeting $3 billion from institutional investors. The fund aims to use Tether's USDT stablecoin infrastructure to speed up lending to small and ...
Iran's central bank has officially authorized the use of Bitcoin and Tether's USDT stablecoin for international business transactions, aiming to bypass US sanctions. In 2025, about $10 billion in digital currency flowed through Iranian networks, with...
