Tether has made a strategic investment in LemFi, a cross-border money transfer platform serving African and Asian diaspora in the UK, US, Canada, and Europe. This partnership integrates Tether's USDT stablecoin as a settlement layer to replace slow and costly SWIFT transfers with near-instant, low-fee transactions. The move aims to enhance financial inclusion by reducing remittance times from days to seconds and cutting costs by about 45%, benefiting low-income migrants sending money home. This deal fits Tether's broader strategy to build real-world payment infrastructure using its large USDT float and profits, potentially making stablecoins a default for cross-border payments.
Christopher Harborne entered the Sunday Times Rich List 2026 in sixth place with an estimated £18.2bn fortune, mainly from his 12% stake in Tether. At the same time, a parliamentary inquiry was launched into whether Nigel Farage failed to declare a £...
Tether faces a lawsuit in Manhattan federal court from terrorism victims and their families seeking control of $344 million in frozen USDT tied to Iran's Islamic Revolutionary Guard Corps (IRGC). The frozen funds are held in two Tron wallet addresses...
Victims holding unpaid U.S. terrorism judgments against Iran have asked a Manhattan court to compel Tether to release 344 million USDT frozen in two Tron wallets linked to Iran's Islamic Revolutionary Guard Corps (IRGC). The plaintiffs want Tether to...
Survivors and relatives of terror attacks linked to Iran's IRGC have petitioned a Manhattan federal court to compel Tether to release $344 million in frozen USDT. These funds were immobilized after U.S. sanctions identified the assets as belonging to...
Ethereum experienced a significant short-term outflow of $47.27 million as traders moved capital into stablecoins like USDT and cash (USD), signaling a defensive stance amid market uncertainty. Meanwhile, stablecoins and fiat currencies such as South...
