The GENIUS Act, effective mid-2028, requires stablecoin issuers like Tether to hold 1:1 USD reserves, publish monthly disclosures, and comply with anti-money laundering laws to operate in the US. Tether launched a compliant stablecoin, USA₮, for the US market while continuing USDT internationally. If Tether's USDT does not receive Treasury approval as a compliant foreign issuer, it could be banned from US exchanges. Final compliance rules are expected in early 2027, giving Tether and others about 18 months to adapt before the enforcement deadline.
Tether has invested in Abu Dhabi fintech Shiga Digital to expand self-custodial digital asset services in Africa and the Gulf Cooperation Council (GCC). Using Tether's Wallet Development Kit, Shiga will offer USDT-powered payments and treasury tools ...
Binance Wallet has introduced the ability to pay blockchain gas fees using USDT on BNB Smart Chain, Ethereum, Solana, and TRON networks. This removes the previous requirement for users to hold each network's native gas token before making transaction...
Tether has introduced beta command-line and Model Context Protocol (MCP) tools to its Wallet Development Kit, enabling AI clients to interact with self-custodial wallets locally. These tools support wallet management functions such as creation, unloc...
After the Bitget hack stole $387.5 million, Circle and Tether froze about $318,000 in stablecoins from one hacker address. However, the majority of the stolen funds, over 63,000 ETH worth around $170 million, remain unfrozen as no issuer can block Et...
Tether has frozen 218,022.97 USDT connected to the Bitget security breach to prevent further movement of the stolen stablecoins. This action followed Circle's earlier freeze of about 100,000 USDC related to the same incident. The stolen funds were mo...
