Tether

Tether, Circle freeze $1.8B after suspected Binance hack

Billions of dollars in crypto left Binance hot wallets on Thursday, Oct. 29, in what founder Changpeng Zhao called a likely hack. Binance has said only that it is investigating. Estimates of the outflow range from about $2.77 billion across…

Tether lends $1.5 billion in gold to top US dealer

Tether, the company behind the world's largest stablecoin USDT Tether, has become a major bullion lender, providing approximately $1.5 billion in financing to Gold.com, one of the largest precious-metals dealers in the United States, according to Bloomberg.

Iran quietly tolerates crypto for trade settlements, FT reports

Iran's central bank has quietly loosened foreign-exchange controls over the past several months, tolerating the use of cryptocurrency for cross-border trade settlements as the country seeks workarounds to mounting U.S. sanctions pressure, the Financial Times News Corp reported on Wednesday.

Tether says KPMG completed its first full audit

Stablecoin giant Tether announced Thursday that KPMG U.S. has completed a full independent audit of its financial statements for the year ended December 31, 2025 — the first such audit in the company's history. The milestone, long demanded by critics…

Stablecoin supply sheds $15B in biggest drop since Terra collapse

The global stablecoin market has shed roughly $14.56 billion since mid-May 2026, marking the steepest contraction since TerraUSD's implosion in 2022. Total supply fell from a peak near $322 billion to approximately $307.56 billion by August 2, according to data…