The Golden Month Giveaway, a month-long referral and trading promotion focused on gold-backed digital assets, was jointly introduced by Tether, the biggest firm in the digital asset sector, and Bybit, the second-largest cryptocurrency exchange in the world by trading volume. In addition to Lucky Draw entries for a chance to
The U.S. federal court permitted the Tether/Bitfinex crypto case yesterday to proceed as a class action. Although the case of investors claims that both companies influenced Bitcoin and Ethereum prices at the time of the 2018 crypto boom using newly issued USDT tokens. A federal judge in New York permitted
Tether has frozen approximately $4.2 billion worth of its USDT stablecoin over links to illicit activity, the company confirmed. The El Salvador-based issuer said it carried out most of these freezes in the past three years as global enforcement efforts intensified. The stablecoin giant, which now has more than $180
Tether has observed another fall in the market capitalization of its major stablecoin, Tether, for the second consecutive month. It is noted that the market capitalization of USDT reduced from above $186 billion in January to close to $183 billion in February. This reduction is one of the most prominent
Oobit, a crypto payment application, has announced the roll out of the crypto-to-bank transfer functionality. This builds on the existing offering to its users, gaining an edge in the competitive market while remaining different from traditional off-ramp providers. Backed by Tether, Oobit has provided additional crucial information to clarify details
The largest stablecoin issuer, Tether, has said that it decided not to support its offshore Chinese Yuan-pegged Stablecoin CNH₮ because of the weaker demand compared with its other stablecoin products and tighter regulatory pressures. According to the announcement on February 20, Tether said that it will follow a structured, transparent
Tether Investments has made an investment in LayerZero Labs, as it strengthens Tether’s focus on expanding blockchain interoperability and improving the infrastructure that supports digital asset payments, and emerging use cases such as AI-based transactions across multiple networks, as per Tether’s announcement on February 10. LayerZero’s Omnichain Infrastructure for USDt0
Venture funding is carrying on to flow into digital asset firms even as the wider crypto market struggles with significant losses. As per the estimation, around $258 million was invested in crypto companies in the first week of February, as per the data from DeFiLlama. The data also highlighted that
Tether, the company behind the largest stablecoin USDT, has now invested a $150 million stake in Gold.com to buy Gold. This investment gives Tether 12% ownership in Gold.com. Tether aimed to offer a tokenized gold that can be traded on the blockchain and is safer during the global economic uncertainty.
Tether’s USDT stablecoin has reached several new record highs in the fourth quarter of 2025, which reinforces its position of dominance in the stablecoin market. As the market report was released by Tether on February 4. The report noted that the USDT’s market cap is climbing to $187.3 billion, which
