The world's largest stablecoin issuer is moving ahead in South Korea.
A transfer of 30 million USDT to Binance has been detected on-chain, drawing attention from traders monitoring large stablecoin movements for signals about near-term market positioning.
Tether acquired SoftBank's stake in Twenty One Capital, deepening its control over the Bitcoin strategy firm. Following the closing of the transaction, SoftBank's representatives on the Twenty One Capital board resigned in accordance with the shareholder agreement. Paolo Ardoino highlighted SoftBank's role during the foundational stage.
Tether's acquisition of SoftBank's stake in Twenty One Capital highlights a larger strategy aimed at building a full-scale Bitcoin operating company.
Tether has acquired SoftBank's entire stake in Twenty One Capital, the Bitcoin treasury company co-founded by Jack Mallers, and is now pushing a broader merger plan involving Strike and Elektron Energy.
A single transaction moved 200 million USDT from an unknown wallet to Binance, drawing immediate attention from on-chain trackers and traders monitoring large stablecoin flows into major exchanges.
Binance recorded $924 million in net USDT outflows over a 24-hour period, according to exchange flow tracking data. The figure represents one of the larger single-day stablecoin withdrawals from the platform in recent months, drawing attention from traders monitoring exchange liquidity conditions.
Tether filed seven trademark applications in South Korea, covering its corporate name, logo and the gold-backed stablecoin XAUT. The applications span the full brand identity, which the industry has interpreted as preparation to operate locally in the country.
Stablecoin giant submits seven trademark applications in South Korea for brand protection.
Tether is expanding USDT's role in global remittances through a new investment in cross-border payment platform LemFi.
Strategic Tether investment enables LemFi to deploy USDT infrastructure across multiple continents
Tether's undisclosed LemFi investment wires USDT into African and Asian remittance corridors, swapping slow SWIFT transfers for near‑instant, low‑fee stablecoin settlement.