Tether has completed its first full financial audit conducted by KPMG U.S., one of the Big Four accounting firms, for the year ending 2025. The audit confirmed that Tether's reserves backing its $180 billion USDT stablecoin exceed its liabilities by $6.814 billion, providing greater transparency amid long-standing concerns about the token's stability. This audit goes beyond previous quarterly attestations by thoroughly examining transactions, systems, and assets, including a physical inspection of gold bars. The completion of this audit addresses ongoing skepticism and marks a significant step in reinforcing confidence in USDT's financial backing.
In the past 24 hours, Bitcoin (BTC), USD Coin (USDC), and Tether (USDT) recorded net inflows, indicating increased investor interest. BTC had net inflows of $28.17 million, USDC led with $67.15 million, and USDT followed with $24.79 million. Converse...
Tron, Tether, and blockchain analytics firm Chainalysis have launched the Digital Crime Task Force to combat illicit activity involving Tether's USDT stablecoin on the Tron blockchain. The partnership aims to identify suspicious wallets, share intell...
Tron, Tether, and Chainalysis have created the Digital Crime Task Force to identify and disrupt illegal USDT transactions on the Tron blockchain. This coalition aims to reduce the time between detecting suspicious activity and freezing funds, especia...
Tether, Tron, and blockchain intelligence firm Chainalysis have launched the Digital Crime Task Force to detect and freeze illicit USDT transactions on the Tron blockchain early, preventing criminals from moving stolen funds. This initiative aims to ...
Democracy Defenders Fund has requested the U.S. Attorney and FBI to investigate whether former White House crypto adviser Bo Hines discussed employment with Tether while shaping federal stablecoin legislation. Hines's financial disclosures show no re...
