On April 15, 2026, Tether transferred 951 bitcoin valued at about $70.5 million from a Bitfinex hot wallet to its dedicated bitcoin reserve, increasing its total holdings to 97,141 BTC. This move is part of Tether's ongoing strategy to allocate up to 15% of quarterly net profits to bitcoin purchases, signaling steady institutional accumulation. Tether's bitcoin reserve, valued over $7.1 billion, serves as a hedge against inflation and currency devaluation and represents a minority share of its total assets. Analysts expect Tether to continue its bitcoin buying program throughout 2026 as long as it remains profitable.
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...
