Genesis III's success in AI model accuracy could democratize advanced STEM education, reducing reliance on centralized cloud services. Tether AI Research achieves 99% valid-answer rate with Genesis III model.
SilkBank's integration of USDT in its app could accelerate mainstream crypto adoption, enhancing cross-border transactions and financial inclusion. SilkBank Georgia adds USDT purchases and transfers directly in its mobile app.
Hong Kong jailed ex-CCB Asia manager Lam Chun-yin for four years over $470,000 in USDT bribes tied to false $1.6B bank instruments.
Reports indicate that scammers are taking advantage of the high level of adoption of USDT in Venezuela to send fake USDT tokens as payment. Scammers use fake USDT tokens with zero value to target merchants using self-custody wallets.
Tether reportedly provided most of Gold.com's outstanding precious-metal financing, revealing a relationship worth roughly $1.5 billion.
Orlen lost up to $424 million after a $230M tether payment for Venezuelan crude vanished through Dubai brokers and USB handoffs.
Tether consolidates its foray into the commodities sector by providing approximately $1.5 billion in financing to a precious metals dealer in the United States. The transaction positions the crypto firm as a heavyweight player in physical bullion lending after amassing one of the largest private gold reserves globally.
Tether's strategic moves in gold financing and accumulation could reshape market dynamics, influencing both stablecoin reserves and gold trade. Tether provides $2B in financing to US gold dealer as bullion holdings hit 140 metric tons.
KuCoin unveiled two professionally managed investment products under KuCoin Wealth, with subscriptions starting at 100 USDT.
Orlen's failed Venezuelan oil deal involved a $230 million advance, largely routed through USDt, but delivered only about $29 million in oil. Funds moved through Dubai and Caracas intermediaries, including USB devices holding USDt, while disputed shortfalls emerged across several conversion and payment steps in the transaction.
The oil was never arrived, tankers sat idle, but hundreds of millions were converted into USDT.
The September 14 complaint targets ten Tron addresses frozen in 2025 and outlines a planned transfer into FBI custody.