USDT0, Tether's multi-chain stablecoin, has begun initial deployment testing on the Tempo blockchain, a Layer 1 network focused on fast, low-cost payment processing backed by Stripe and Paradigm. This integration enhances USDT0's liquidity distribution and interoperability across blockchain platforms using LayerZero's protocol, which enables direct chain-to-chain transfers without bridges. With over $70 billion in transactions processed in its first year, USDT0 continues expanding its presence to 23 networks, supported by strategic partnerships that strengthen its cross-chain infrastructure. This development marks a significant step toward seamless multi-platform stablecoin operations and next-generation digital asset ecosystems.
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...
