Tether's USDT stablecoin has reached over 550 million users globally, adding 30 million new wallets each quarter, mainly in developing countries. Its market cap surged to $190 billion, briefly surpassing Ethereum, with 50-60% of USDT activity now supporting cross-border trade and payments. Tether posted $1.04 billion profit in Q1 2026 and launched a user-friendly app to boost mainstream adoption. The company is also preparing a new stablecoin tailored for the regulated US market, signaling its intent to expand beyond crypto trading into global finance infrastructure.
Tether completed a clean audit of its 2025 financials by KPMG, easing concerns about its reserves. An Ethereum wallet moved 2,680 ETH after 11 years, highlighting old investors' activity. Bitcoin could drop to $50,000 before rising to $1 million, acc...
Tether CEO Paolo Ardoino clarified that the company is not developing its own blockchain nor plans to launch one, contradicting a recent CoinMarketCap analysis that grouped Tether with other firms racing to build stablecoin-specific blockchains. Inst...
KPMG completed its first full audit of Tether's 2025 financial statements, confirming reserves exceeded liabilities by $6.814 billion at year-end 2025. However, Tether's more recent Q2 2026 report shows the surplus has shrunk to $4.11 billion. This a...
Bolivian fintech Peso has partnered with Yango Food to allow users to pay for food delivery using USDT, a dollar-pegged stablecoin. This integration helps address Bolivia's dollar liquidity issues by enabling digital dollar transactions without requi...
Cryptocurrency market prices show a general downward trend with Bitcoin trading at $62,805, down 1.2%. Ethereum and Binance Coin also saw slight declines. Notably, UNI token dropped sharply by 10.8%, and BEAT fell by 32%. Some tokens like ATOM and VV...
