Tether announced that KPMG U.S. completed its first full independent audit of Tether International's financial statements for the year ending December 31, 2025, issuing a clean opinion. This audit confirms that Tether's reserves exceed liabilities by $6.814 billion, providing stronger transparency and credibility for the $180 billion USDT stablecoin. Unlike previous reserve attestations, this full audit covers the entire financial statements, including physical verification of gold holdings. The milestone aims to boost confidence in USDT's backing amid ongoing regulatory scrutiny and market demand for transparency.
In Venezuela, scammers are exploiting the widespread use of USDT stablecoins by sending fake USDT tokens with zero value to merchants during checkout. These counterfeit tokens mimic real USDT contracts and appear valid in self-custody wallets, tricki...
Tether minted $500 million worth of USDT on the Solana blockchain in less than 60 minutes, adding to Solana's existing $3.8-$4 billion USDT supply. This surge, alongside a simultaneous $250 million USDC mint by Circle on Solana, indicates strong dema...
TRON's stablecoin market cap grew by about $4.8 billion in 90 days, driven mainly by Tether's USDT, which now exceeds $94 billion on the network. This surpasses Ethereum's USDT supply by over $9 billion, largely due to TRON's lower transaction fees, ...
Hyundai successfully tested a $20,000 cross-border payment using Avalanche's blockchain, reducing transfer time from hours to about seven minutes. This pilot, involving Hyundai Card and partners like Tether and Axiom, used stablecoins rather than AVA...
