Tether has made another bold move with its recent $16 billion USDT mint on Tron. Due to this move, the platform’s USDT supply on Tron has increased to 75.7 billion, surpassing the amount issued on Ethereum. The data was shared by popular on-chain analysis platform, Lookonchain. According to Lookonchain, Tether minted 16 billion USDT on […]
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Tether Unveils QVAC: A Revolutionary Privacy-Focused Decentralized AI Platform
Tether has launched QVAC, a decentralized AI platform, that runs applications on local devices. This new technology known as QuantumVerse Automic Computer intends to reduce the dependence on centralized cloud services. QVAC enables AI applications to function offline which ensures privacy and autonomy for users. The QVAC platform enables developers to build scalable AI applications […]
Tether-Backed Twenty One Capital Acquires $458.7M Bitcoin, Eyes New ATH
Twenty One Capital, a Tether-backed investment firm, purchased 4,812 Bitcoin for $458.7 million. The deal was revealed on May 13 via a U.S. SEC filing as part of a larger business merger with Cantor Equity Partners (CEP). The company acquired the BTC at an average price of $95,319.83 each. This transaction makes Twenty One Capital […]
Tether Bets Big with Twenty One and a $459 Million Bitcoin Purchase
Tether, the company behind the world’s largest stablecoin, USDT, has acquired $459 million worth of BTC as part of a high-stakes venture to launch a new Bitcoin-focused entity: Twenty One. This isn’t just another crypto side project. Tether is forming Twenty One as a Bitcoin treasury company, a new financial player built to hold and […]
South Korea Sees $40.6B in Crypto Outflows as Stablecoins Lead the Way
South Korea suffered substantial cryptocurrency outflows in Q1, with approximately 57 trillion won (almost $40.6 billion) leaving the country. Almost half of these outflows, or a sizable fraction of them, comprised stablecoins, which indicated a further trend of users that were shifting their funds to offshore crypto exchanges. According to the data provided by Democratic […]
Tether’s Q1 Report Shows Over $1 B Profit and Near-Record $120B in U.S. Treasuries
Tether reported over $1B profit in Q1 2025, grew USD₮ supply by $7B, and increased U.S. Treasury exposure to nearly $120B amid global demand.
Tether Surges Toward $1.5B Revenue Milestone as Ethereum Lags Below $200M
Tether’s earnings have significantly grown along with the rising value of its stablecoin. The total amount of USDT that is currently in use has risen to more than $144 billion, compared to the $109 billion it was this time last year. Tether (USDT) has earned about $1.46 billion so far in 2025, according to TokenTerminal, […]
Tether Freezes USDT Worth $870K Across Three Addresses Linked to Phishing Scam
Tether has frozen about $870,000 worth of USDT connected to theft, phishing scams, and pig butchering schemes. This action is part of the stablecoin ongoing push to stop illegal funds tied to crime and protect users from fraudulent activity. On April 17, Tether froze $870,000 in USDT connected to phishing scams. The funds were kept […]
Tether Plans to Launch New Stable Coin Amid New Regulatory Changes
Tether’s CEO has come out to say that the company might create a new stablecoin for the U.S. market if new regulations force out USDT. This new development comes as USDT faces the possibility of being removed under changing regulations. The firm is now looking at the idea of launching a different coin that fits […]
Tether and Bitcoin Dominate Ukraine Officials’ Crypto Holdings
The rising number of Ukrainian officials declaring their holdings in cryptocurrency is more than twofold from the beginning of Russia’s full-scale invasion in 2022, with stablecoin Tether (USDT) and Bitcoin (BTC) becoming the two most popular digital assets used by government employees in Kyiv, April 4, 2025. As reported by Forklog, citing public registry monitor […]