Foreign governments are retreating from US Treasuries as Tether becomes one of the biggest net buyers, reshaping how America funds its $39 America's $39 trillion debt problem has an unlikely new backstop: Tether.
Bloomberg's investigation examines Tether's lobbying efforts and political engagement during negotiations that led to the passage of the GENIUS Act.
A court filing alleges Tether influenced US stablecoin legislation through Howard Lutnick, prompting senators to probe conflicts of interest and Tether allegedly influenced US legislation through Howard Lutnick, court filing says.
BitMart has launched a US stock earnings season spot event with a total prize pool of 10,000 USDT, tying a crypto trading promotion to the calendar window when major American companies report quarterly results.
The Strike founder is leaving the Tether-controlled treasury company after a board disagreement, as a proposed three-way merger with Strike and Elektron Energy collapses.
A Taiwan court sentenced the leader of a major crypto fraud ring, a man surnamed Shih, to 22 years in prison. In total, 14 people were indicted.
Binance recorded roughly $151 million in net USDT inflows over a 24-hour window, a stablecoin movement that traders often watch as a signal of capital positioning on the largest crypto exchange.
Tether's gold-backed XAU token gains formal recognition as an accepted spot commodity in Abu Dhabi's ADGM, opening doors for institutional adoption. Tether's XAU₮ recognized as accepted spot commodity in Abu Dhabi's ADGM.
Tether has faced renewed scrutiny over whether USDT can remain available on U.S. crypto platforms unless the stablecoin issuer meets the requirements of the GENIUS Act before its compliance window closes.
Tether risks US exchange exclusion by mid-2028 under the GENIUS Act. The stablecoin giant launched USA as a compliant alternative while USDT's US future Tether faces US ban by 2028 if it fails to comply with GENIUS Act.
The GENIUS Act has hit its first anniversary without U.S. regulators yet meeting deadlines to write regulations, though rules will be in full effect by July 2028.
Tether continues to strengthen its hold on the crypto market. As stablecoins establish themselves as a pillar of global payments and liquidity, the issuer of USDT claims a spectacular acceleration in its adoption.