Argentine fintech Uala completed a $197 million funding round led by Allianz X, with Tether participating as an investor. This significant capital injection supports Uala's digital financial services growth across Latin America. Tether's $20 million stake marks its expanding role beyond stablecoin issuance into regional retail finance. The deal highlights growing institutional interest in Latin American fintech, though specific use of proceeds and full investor list remain undisclosed.
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...
Tether's USDT is now available as a confidential token (cUSDT) on Zama, which uses fully homomorphic encryption to hide transaction amounts and balances on Ethereum. Since its launch in January 2026, cUSDT has reached a cumulative shielded volume of ...
