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.
Following the October 29, 2026 hack on Binance that drained $6.3 billion across multiple blockchains, attackers have moved 120 million TRX to unknown addresses. The breach hit Tron hard, with attackers swapping stablecoins for TRX, which lacks a free...
In October 2026, Bitfinex transferred 222.7 million USDT to the Tether Treasury as part of several large internal transfers between the two sister companies under the parent company iFinex. These moves, totaling nearly a billion USDT over the month, ...
Tether reported a $1.5 billion net operating profit for Q3 2026, maintaining its strong earnings pace with a total of $4.5 billion profit year-to-date. Its reserves backing USDT stablecoins reached $191.5 billion, exceeding liabilities by nearly $8 b...
On October 30, nine large cryptocurrency transfers totaling $943.8 million were recorded, with more value moving from unidentified wallets to exchanges than vice versa. The largest transfer was 255 million Tether (USDT) worth $254.8 million from Bitf...
Tether reported $4.5 billion in profit for the first nine months of 2026, but its USDT reserve buffer grew by only $1.66 billion to $7.95 billion, now smaller than its $8.37 billion Bitcoin holdings. This exposes USDT holders to risks from Bitcoin an...
