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
Tether, the world’s largest stablecoin USDT company, is now reconsidering its large fundraising plan. Earlier reports suggested that the company was planning to raise around $20 billion by selling new shares. This plan could move the company’s value to nearly $500 billion. But now talks say that the company may
Tether has partnered with Opera to expand its Stablecoin USDT and its tokenized gold XAUT through Opera’s Mini wallet. After this announcement, the Opera’s stock has sharply risen to 18%. With the new integration, Mini users can now send, receive, and hold USDT. They can also convert part of their
Tether is expected to launch open-source Bitcoin mining software in 2026. This is Tether’s entry into the blockchain infrastructure sector. The software will promote transparency and decentralization in mining. The move is in line with the innovation in Bitcoin mining and the development of blockchain infrastructure. Companies are moving beyond
Circle’s USDC has dominated the U.S. institutional market for so many years. Now analysts say that Tether’s newly launched USAT could become the first credible domestic challenger to USDC. What is USDC USAT is a dollar-backed stablecoin created for use inside the United States. USAT is designed to meet the
Tether, the company behind the issue of one of the widely recognized stablecoins, has made a strategic partnership announcement with Bitqik, which is recognized as a licensed digital assets exchange within Laos, to develop digital asset knowledge in the region of Southeast Asia, as of January 19, 2025. Under this
