The comments followed S&P's downgrade of USDt's ability to maintain its peg, which cited Tether's Bitcoin and gold reserves as a concern. Tether CEO Paolo Ardoino and market analysts pushed back against S&P Global’s downgraded rating of USDt’s (USDT) ability to maintain its US dollar peg, saying that the ratings agency did not account for all of Tether’s assets and revenues. The Tether Group’s total assets at the end of Q3 2025 totaled about $215 billion, while its total stablecoin liabilities were about $184.5 billion, according to Ardoino, who referenced Tether’s Q3 attestation report. He added: S&P made the same mistake of not considering the additional Group Equity, nor the roughly $500 million in monthly base profits generated by US Treasury yields alone,” Ardoino continued. Read more
Tether halted Bitcoin mining in Uruguay, reportedly dismissing 30 staff amid increasing energy costs and a $4.8 million debt dispute with state power firm UTE. Tether, issuer of USDT, the world’s largest stablecoin, has halted Bitcoin mining operations in Uruguay because of rising energy costs. “We can confirm that we have paused operations in Uruguay,” a Tether spokesperson told Cointelegraph on Friday, adding that the company remains committed to its long-term projects in Latin America. The confirmation came weeks after Tether denied reports that it planned to exit the country following a $4.8 million debt dispute with a state-owned electricity provider in September. Read more
Tether accounted for almost 2% of global gold demand last quarter, with Jefferies noting that its aggressive buying may be influencing short-term market sentiment. Stablecoin issuer Tether holds 116 tons of physical gold, placing it on par with central banks such as those in South Korea, Hungary and Greece. Tether is “the largest holder of gold outside central banks,” Jefferies wrote in a recent analysis, per a report by the Financial Times. The investment bank added that Tether’s growing appetite for gold may be playing a larger role in the metal’s recent surge than previously assumed. According to Jefferies, Tether’s gold purchases last quarter accounted for nearly 2% of total global gold demand and almost 12% of central bank purchases. The company said that Tether’s aggressive accumulation over the past two months “is likely to have tightened supply in the short term and influenced sentiment,” potentially driving speculative inflows into gold markets. Read more
The investment will help Parfin expand its onchain settlement tools and strengthen stablecoin infrastructure that is already driving institutional crypto use in LATAM. Tether has invested in Parfin, a London- and Rio de Janeiro-based digital asset platform, to push USDT deeper into Latin America’s institutional market and expand onchain settlement across the region. According to Tether, the investment underscores its push to position USDt (USDT) as an institutional settlement rail for high-value activities, including cross-border payments, real-world asset (RWA) tokenization, and credit markets tied to trade finance, commercial invoices and card receivables. Founded in 2019, Parfin builds infrastructure for institutions to custody, tokenize and transact digital assets. In October, the company secured official registration in Argentina as a virtual asset service provider and was recognized by the country’s financial regulator. It has been operating in Brazil since 2020. Read more
The investment from the stablecoin giant coincides with accelerating institutional interest and Wall Street participation in the crypto-backed loans sector. Stablecoin issuer Tether has invested in Ledn, a platform providing consumer loans collateralized by Bitcoin, the company said Tuesday. The funding is targeted toward developing financial infrastructure that allows businesses and individuals to access liquidity and credit against their Bitcoin (BTC) without needing to sell their holdings. Ledn, founded in 2018, provides users in over 100 countries with custody, risk management and liquidation services. In October, the company reported it had originated $392 million in Bitcoin-backed loans for the third quarter of 2025. Read more
Tether is expanding its commodity-trade lending after deploying $1.5 billion in credit, marking a deeper shift from stablecoin issuer to global finance player. Stablecoin issuer Tether is expanding its presence in commodity lending, with billions of dollars already deployed in the sector, according to CEO Paolo Ardoino. In an interview with Bloomberg, Ardoino said Tether has extended about $1.5 billion in credit to commodities traders so far, providing financing in both cash and its USDt (USDT) stablecoin. The company is targeting traditional commodity trades, including agricultural products and oil, and plans to increase its exposure. “We are going to expand dramatically,” Ardoino said. Read more
The Nasdaq-listed company will acquire $100 million in OOB tokens and oversee the digital treasury of OOBIT, a crypto payments company backed by Tether and Solana’s co-founder. Malaysia-based VCI Global (Nasdaq: VCIG) has announced plans to acquire $100 million in OOB tokens and oversee the digital treasury of OOBIT, a Singapore-based crypto payments platform launched in 2017. According to a Tuesday announcement, Tether will become the largest shareholder in VCI Global through its stake in OOBIT. Solana co-founder Anatoly Yakovenko, CMCC Global and 468 Capital are also investors. VCI Global acquired $50 million in OOB tokens from the OOB Foundation at a $200 million market capitalization, or $0.20 per token, by issuing company shares as payment. The company plans to purchase an additional $50 million worth of OOB tokens on the open market after its official launch. Read more
Reports said that the AI infrastructure purchase would be valued at about $767 million as part of a stock deal, about three months after a planned acquisition with Tether. Video-sharing platform Rumble announced a business combination agreement with AI infrastructure company Northern Data, following its deepening financial ties with stablecoin issuer Tether. In a Monday notice, Rumble said it would acquire Northern Data following its August announcement with Tether as part of a joint venture to purchase the AI infrastructure company. Reuters reported that the acquisition would be valued at about $767 million as part of a stock deal between Rumble and Northern Data. Tether invested $775 million into Rumble in December 2024, citing the platform’s “fundamental values of freedom of speech and financial freedom,” according to Paolo Ardonio, CEO of the stablecoin issuer. Read more
Video sharing platform Rumble has teamed up with Tether to help it add Bitcoin tips to content creators, expected to launch in early to mid-December. Video-sharing platform Rumble is preparing to roll out Bitcoin tipping for its more than 51 million monthly active users, the company’s CEO Chris Pavlovski announced on Friday. Rumble has teamed up with stablecoin issuer Tether to enable Bitcoin (BTC) tipping, Pavlovski said onstage at the Plan ₿ Forum in Lugano, Switzerland. Also onstage was Tether CEO Paolo Ardoino, who expects a full rollout by early to mid-December once small bugs are fixed and the UX is finessed. Read more
Video sharing platform Rumble has teamed up with Tether to help it add Bitcoin tips to content creators, expected to launch in early to mid-December. Video-sharing platform Rumble is preparing to roll out Bitcoin tipping for its more than 51 million monthly active users, the company’s CEO Chris Pavlovski announced on Friday. Rumble has teamed up with stablecoin issuer Tether to enable Bitcoin (BTC) tipping, Pavlovski said onstage at the Plan ₿ Forum in Lugano, Switzerland. Also onstage was Tether CEO Paolo Ardoino, who expects a full rollout by early to mid-December once small bugs are fixed and the UX is finessed. Read more
Video sharing platform Rumble has teamed up with Tether to help it add Bitcoin tips to content creators, expected to launch in early to mid-December. Video-sharing platform Rumble is preparing to roll out Bitcoin tipping for its more than 51 million monthly active users, the company’s CEO Chris Pavlovski announced on Friday. Rumble has teamed up with stablecoin issuer Tether to enable Bitcoin (BTC) tipping, Pavlovski said onstage at the Plan ₿ Forum in Lugano, Switzerland. Also onstage was Tether CEO Paolo Ardoino, who expects a full rollout by early to mid-December once small bugs are fixed and the UX is finessed. Read more
Tether projects $15 billion in profit for 2025, extending its dominance in the stablecoin market as investor interest and digital dollar adoption surge. Stablecoin issuer Tether expects 2025 to mark another record year for profitability, underscoring the company’s powerful business model as global adoption of digital dollars continues to accelerate. According to Bloomberg, the El Salvador–based company projects approximately $15 billion in profit for 2025 — up from $13 billion in 2024. This growth further cements Tether’s position as one of the most profitable companies in the world on a per-employee basis. Tether’s success, driven by the dominance of its USDt (USDT) token, the world’s largest stablecoin with nearly $186 billion in circulation, has drawn significant attention from investors. Read more
Tether projects $15 billion in profit for 2025, extending its dominance in the stablecoin market as investor interest and digital dollar adoption surge. Stablecoin issuer Tether expects 2025 to mark another record year for profitability, underscoring the company’s powerful business model as global adoption of digital dollars continues to accelerate. According to Bloomberg, the El Salvador–based company projects approximately $15 billion in profit for 2025 — up from $13 billion in 2024. This growth further cements Tether’s position as one of the most profitable companies in the world on a per-employee basis. Tether’s success, driven by the dominance of its USDt (USDT) token, the world’s largest stablecoin with nearly $186 billion in circulation, has drawn significant attention from investors. Read more
Tether has notched its 500 millionth user of its USDT stablecoin, an achievement its CEO Paolo Ardoino said is “likely the biggest financial inclusion achievement in history.” US dollar-pegged stablecoin Tether hit its 500 millionth user on Tuesday, offering a means to transact and save for those who have been excluded by the traditional banking system. “Likely the biggest financial inclusion achievement in history,” Tetherj CEO Paolo Ardoino wrote in a post on X. Tether said the figure represents 500 million “real people,” not simply Tether (USDT) wallets, suggesting its stablecoin has now been used by around 6.25% of the world’s population. Read more