Tether is broadening its business by integrating artificial intelligence tools aimed at its global user base of over 650 million, especially in emerging markets. CEO Paolo Ardoino emphasized the focus on practical AI applications in health, finance, and sports that can operate on basic smartphones, rather than advanced AI models. This move aligns with Tether's shift from being just a crypto company to a digital dollar and infrastructure provider. Backed by a $6.8 billion reserve surplus confirmed by KPMG, Tether plans to leverage its extensive network and financial strength to expand AI services beyond its core stablecoin business.
Tether reported a net operating profit of $1.3 billion in Q2 2026, driven by its USDT stablecoin. The company holds $5.2 billion in excess reserves beyond what is needed to back USDT tokens, primarily invested in short-term U.S. Treasury bonds that g...
Tron has overtaken Ethereum as the leading network for USDT stablecoin, with its USDT supply reaching $94.27 billion after a $4 billion increase in the past month. Tron now hosts more than half of the global USDT circulation, driven by lower transact...
USDT0, a Tether-backed stablecoin, launched on the Stellar blockchain on September 2, 2026, using LayerZero's interoperability standard to enable seamless cross-chain transfers and unified liquidity access. This launch connects Stellar to a broader U...
Cryptocurrency markets show a general downward trend with Bitcoin priced around $77,205, down nearly 1%, and Ethereum falling 2.59%. Other major coins like XRP, Solana, and Litecoin also experienced declines. Some smaller tokens showed gains, but ove...
Tether's USDT0 token has launched on the Stellar blockchain, providing users access to over $180 billion in USDT liquidity across multiple chains. This integration uses LayerZero's Omnichain Fungible Token standard, enabling seamless cross-chain tran...
