Tether | Crypto

Tether’s investment in Canada’s Elemental Altus Royalties follows the company’s strategy to “integrate long-term, stable assets such as gold and Bitcoin in its ecosystem.” Tether, the issuer of the world’s largest stablecoin by market capitalization, continues its buying spree with its 32% stake acquisition in Canada’s public gold royalty firm Elemental Altus Royalties. Tether Investments on Thursday announced the acquisition of 78,421,780 common shares of Elemental (ELE) from La Mancha Investments, representing 31.9% of Elemental’s issued and outstanding shares. The transaction, completed Tuesday, was made at a price of $1.55 Canadian dollars ($1.14) per share, according to an announcement by Elemental, costing Tether approximately $89.4 million. Read more

Tether has indicated that it will release its Mining Operating System via Open-source mining. MOS runs on devices from Raspberry Pi to container farms and supports varied cooling and power setups. The release may narrow the software edge that public miners hold over smaller peers. The post Tether’s Open-Source Mining OS Could Shatter Barriers – Will Public Miners Lose Their Edge? appeared first on Cryptonews.

Tether is building a gateway for new players to enter Bitcoin mining by releasing its Bitcoin Mining OS (MOS) as open-source software by the end of 2025, according to CEO Paolo Ardoino. In a June 9 post on X, Ardoino explained that the move will lower barriers for small and independent miners. Tether expects to […] The post Tether to democratize Bitcoin mining with open-source software debut appeared first on CryptoSlate.

The USDt issuer plans to launch its open-source project by the fourth quarter of 2025, according to CEO Paolo Ardoino. Stablecoin issuer Tether plans to open-source its Bitcoin mining software, a move the company said would allow new miners to enter the market without relying on expensive third-party vendors. By open-sourcing its Bitcoin Mining OS (MOS), “A horde of new Bitcoin mining companies will be able to enter the game and compete to keep the network safe,” Tether CEO Paolo Ardoino said in a Monday X post.  Ardoino described MOS as scalable and modular, “built with a peer-to-peer [Internet of Things] architecture at its core.”  Read more

A recent analysis posted by Artemis CEO Jon Ma has sparked discussion about Tether’s potential market value, suggesting that if the company were to go public, its valuation could reach $515 billion. This figure would place Tether among the world’s largest corporations by market capitalization, ahead of well-known names such as Costco and Coca-Cola. Jon […] The post Bigger than Coca-Cola? If Tether went public, it could reach a $515B valuation appeared first on CryptoSlate.

Tether’s CEO points to the company’s growing Bitcoin and gold treasury as a reason why a speculative $515 billion valuation might actually be “a bit bearish.” Tether CEO Paolo Ardoino says the stablecoin issuer has no intention of going public, just days after rival Circle made its debut on the New York Stock Exchange (NYSE). “No need to go public,” Ardoino said on June 7, just two days after Circle, which is behind the stablecoin USDC (USDC), entered the public market on June 5. Circle’s shares climbed 167% on its first trading session on the NYSE. Ardoino addressed valuation speculation raised by Artmesis CEO Jon Ma, who claimed that if Tether, which is behind the stablecoin USDT (USDT), were to go public, it would rank as the 19th largest company globally with a valuation of $515 billion, larger than multinational giants like Costco and Coca-Cola. Read more

Tether has announced a strategic investment in Orionx, a digital asset platform operating in Latin America, according to a June 3 statement. The investment aims to accelerate the use of stablecoin-powered financial services across the region, particularly in underserved and inflation-prone economies. According to the statement, Orionx currently serves users in Chile, Peru, Colombia, and […] The post Tether invests in Orionx to boost stablecoin use in Latin America appeared first on CryptoSlate.

Tether and Bitfinex moved $3.9 billion in Bitcoin to Jack Mallers’ Twenty One Capital, now the third-largest corporate BTC holder after Strategy and MARA. Tether has moved a combined 37,229.69 Bitcoin, worth about $3.9 billion, to addresses linked to the new Bitcoin-native financial platform, Twenty One Capital, led by Strike CEO Jack Mallers. Tether CEO Paolo Ardoino posted two transfers totaling 11,417 BTC ($1.2 billion) according to a June 3 X post. In one transaction, the stablecoin issuer transferred 10,500 Bitcoin (BTC) (about $1.1 billion) to an address linked to SoftBank’s investment option in Twenty One. The executive said it was part of the pre-funding of SoftBank’s investment in the Bitcoin platform. Read more

Tether and Bitfinex transferred 21,000 Bitcoins (BTC) to designated wallets on June 2, completing their agreed contributions to Twenty One Capital. Tether CEO Paolo Ardoino wrote that Bitfinex sent 7,000 BTC, while Tether Group moved 14,000 BTC.  Furthermore, Tether moved 4,812.22 BTC as prefunding for Twenty One’s convertible-equity raise. The holdings matched a May 13 […] The post Tether, Bitfinex complete Bitcoin funding leg for Twenty One Capital with $2B transfer appeared first on CryptoSlate.

The XAUt0 token will compete with other gold-backed stablecoins and traditional gold investment instruments. Tether announced a partnership with the TON Foundation to debut an omnichain version of its gold stablecoin XAUt (XAUT) on The Open Network (TON), in an effort to expand the token across ecosystems. The new token, “XAUt0,” was built on LayerZero’s Omnichain Fungible Token standard, which allows tokens to be transferred through blockchains without wrapping or middlechains. XAUt, the token’s non-omnichain version, is the largest gold stablecoin by market capitalization, with over $832 million, according to CoinGecko. It is closely followed by Paxos’s Pax Gold (PAXG), which holds a market cap of $811 million as of June 2. XAUt is available only on the Ethereum blockchain. Read more

Tether CEO Paolo Ardoino told Bloomberg on Friday that the company is “open to” creating a separate domestic stablecoin to meet the needs of the U.S. market. The news comes amid the U.S. trying to push through a stablecoin legislation—the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act). The international issuer of […] The post Tether to issue separate stablecoin for U.S. despite ‘getting comfortable’ with the Genius Act, CEO says appeared first on CryptoSlate.

May 19, 2025 – Geneva, Switzerland – TRON DAO announced today that the total circulating supply of Tether (USDT) on the TRON blockchain has surpassed $75 billion, once again making TRON the leading network for USDT. As the most widely adopted stablecoin, Tether represents more than 63 percent of the global market share with over […] The post Tether on TRON Surpasses $75 Billion, Tops All Stablecoin Activities appeared first on CryptoSlate.

Tether has secured 19th place among Treasury holders with $120B in short-dated U.S. bills, outpacing Germany. Q1 reserves of T-bills, repos, cash and gold have delivered $1B profit, steadied USDT during market turmoil and emphasized stablecoins’ support for U.S. debt. The post Tether’s $120B U.S. T-Bill Haul Tops Germany – Is a New Debt Whale Rising? appeared first on Cryptonews.

A delay in Tether’s USDT blacklisting process allowed over $78 million in illicit funds to evade freezing, according to an AMLBot report. Update (May 15 at 3:10 pm UTC): This article has been updated to include comments from Tether. A lag in Tether’s wallet blacklisting process allowed over $78 million in illicit funds to be moved before enforcement actions took effect, according to a new report from blockchain compliance company AMLBot. Tether’s address blacklisting becomes effective only after a considerable delay from when the process is initiated on Ethereum and Tron, according the report published May 15. Read more

Tether added another 4,812 Bitcoin to Twenty One Capital’s Bitcoin holdings, currently trading under Cantor Equity Partners until the firms finalize a merger. Stablecoin issuer Tether bought $458.7 million worth of Bitcoin for Twenty One Capital, a Bitcoin investment firm it backed that’s awaiting the completion of a Special Purpose Acquisition Company (SPAC) merger with Cantor Equity Partners. Tether snapped up 4,812.2 Bitcoin (BTC) at $95,319 each and transferred it to an escrow wallet on May 9, Cantor Equity Partners disclosed in a May 13 filing with the US Securities and Exchange Commission. It brings Twenty One’s total Bitcoin holdings to 36,312 BTC, as Cantor Equity Partners holds 31,500 BTC on behalf of the firm, which will trade under the ticker XXI once the SPAC merger is complete. Read more

Tether Gold has debuted on Thailand’s Maxbit after regulators cleared stablecoins, making it the country’s first tokenized, vault-backed gold pair. Each XAU₮, on Ethereum, equals one vaulted troy ounce, letting Thai traders hold physical metal via blockchain. The post Tether’s $770M Gold-Backed Token XAU₮ Debuts On Thai Exchange Maxbit appeared first on Cryptonews.

Despite restrictions in many developed markets, USDt still commands 61% of the total stablecoin market by circulating supply. Tether’s USDt (USDT) surpassed a $150 billion market capitalization for the first time on May 12, marking a new milestone amid growing stablecoin adoption. USDt’s circulating supply has expanded by over 36% in the past year, with growth accelerating in November following the election of US President Donald Trump. At its current supply, Tether accounts for 61% of the global stablecoin market, according to CoinMarketCap data. It’s followed by Circle’s USDC (USDC), which accounts for nearly 25% of the stablecoin market.  Read more

USDT will be integrated into Japanese messaging app LINE’s Mini Dapp platform and self-custodial wallet. The post Tether’s USDT Launches on Kaia Blockchain, Expands Stablecoin Adoption in Asia appeared first on Cryptonews.

Tether’s current reserves excess is at its lowest point since Q2 2024 when the company held $5.3 billion in reserves. Tether, the company behind the world’s largest stablecoin by market capitalization, has released its financials for the first quarter of 2025, disclosing nearly $120 billion in exposure to US Treasurys and over $1 billion in operating profit. According to Tether’s Q1 2025 financial report, the company’s assets include $98.5 billion in direct US Treasury bills, along with over $23 billion in additional exposure through repurchase agreements and other cash-equivalent assets. According to the announcement, Tether holds $5.6 billion in excess of reserves for its USDt (USDT) stablecoin, down from $7.1 billion in excess from the last quarter of 2024. The stablecoin has a market capitalization of $149 billion as of May 1. Read more

Paolo Ardoino said that the recently implemented European framework on digital assets was "very dangerous when it comes to stablecoins." Paolo Ardoino, CEO of stablecoin issuer Tether, addressed criticism over the company's decision not to seek registration under the European Union’s Markets in Crypto-Assets (MiCA) framework, arguing that the regulations were risky for stablecoins. Speaking to Cointelegraph at the Token2049 conference in Dubai, Ardoino reiterated that Tether had no plans to apply for its US dollar-pegged stablecoin USDt — the largest by market capitalization — to be compliant under MiCA in European countries, potentially forcing exchanges to delist the stablecoin. He added that though crypto firms had to follow regulations, there was a “fear of compliance” among companies in the EU. “[...] MiCA license is very dangerous when it comes to stablecoins, and I believe that is even more dangerous for the small, medium banking system in Europe,” said the Tether CEO, adding that banks in the region c...