USDt | Crypto

Tether has landed a Big Four accounting firm’s name on a reserve report tied to its US strategy. On Feb. 27, Deloitte issued an independent accountant’s report on Anchorage Digital Bank’s “USAT Reserve Report,” an attestation covering USAT, a US dollar token issued by Anchorage Digital Bank, National Association, in collaboration with Tether. The development […] The post Tether finally lands a Big Four auditor – but the $189B USDT question still isn’t answered appeared first on CryptoSlate.

A February report claimed that Tether had frozen about $4.2 billion worth of its USDt stablecoin allegedly connected to illicit activities since 2023. The US Justice Department is seeking to recover about $327,829 worth of stablecoins allegedly connected to a money laundering scheme part of an online romance scam. In a Monday notice, the US Attorney's Office for Massachusetts said it had filed a civil forfeiture action to recover more than 327,829 of Tether's USDt (USDT). According to authorities, the funds were tied to an alleged online romance fraud scheme perpetrated by an individual named “Linda Brown” which targeted a Massachusetts resident starting in 2024.  “Some of the victim’s funds were traced to multiple unhosted cryptocurrency wallets, which were seized in August 2025,” said the Justice Department. “The complaint alleges that all cryptocurrency associated with those wallets was property involved in money laundering.” Read more

Telegram’s crypto wallet introduces self-custodial vaults, letting users earn yields on Bitcoin, Ether and USDt directly inside the messaging app. Telegram’s built-in crypto wallet has introduced a feature that allows users to earn returns on major cryptocurrencies inside the messaging app. The update introduces vaults in TON Wallet, a self-custodial wallet integrated within Wallet in Telegram, enabling users to hold, send and earn on Bitcoin (BTC), Ether (ETH) and Tether’s USDt (USDT) without leaving the chat interface, according to a Thursday announcement shared with Cointelegraph. “At Wallet in Telegram, our mission is to transform digital assets from complex concepts into practical tools for everyday life,” said Andrew Rogozov, CEO of The Open Platform and Wallet in Telegram. Read more

The $61 million USDT seizure in North Carolina shows how US authorities can trace and freeze stablecoin flows tied to pig butchering scams, as AI‑driven impersonation schemes surge. US Federal agents in North Carolina seized more than $61 million worth of USDt (USDT) tied to a large‑scale “pig butchering” crypto investment scam that preyed on victims through fake online relationships and fraudulent trading platforms. According to the US Attorney’s Office for the Eastern District of North Carolina in Raleigh on Tuesday, the scammers posed as romantic partners and claimed to have special trading expertise. They then steered their victims toward convincing but fake crypto sites that displayed fictitious investment portfolios showing unusually high returns that enticed them to invest more, before the scammers blocked their withdrawals and demanded extra fees when victims tried to get their money back. Read more

The crypto market has entered a fragile phase as Bitcoin dropped under the critical $70,000 level and bounced off $60,000, a zone that has increasingly acted as a gravitational pull rather than a launchpad. This subdued price action came as the stablecoin market has surged, with Tether and Circle minting billions of dollars’ worth of […] The post Did minting $3 billion USDT, USDC just help stop Bitcoin losing $60k? appeared first on CryptoSlate.

China seeks to make the renminbi a true reserve currency, but the numbers reveal a story in which Beijing's capital controls create conditions for Bitcoin and dollar stablecoins to thrive as workarounds rather than competitors. The International Monetary Fund's latest reserve data shows the renminbi holding just 1.93% of global foreign exchange reserves in the […] The post China targets global reserve currency status but capital controls push traders toward USDT and Bitcoin appeared first on CryptoSlate.

Browser firm Opera's stock climbed Monday after the company said its MiniPay wallet now supports USDT and Tether Gold.

The Central Bank of Iran reportedly stockpiled more than half a billion dollars worth of USDt amid escalating protests and crypto usage in the country. Blockchain analytics platform Elliptic reported that the Central Bank of Iran (CBI) acquired more than half a billion dollars worth of Tether’s USDt, with indications that the stablecoins were used to prop up the country’s fiat currency. In a Wednesday report, Elliptic said Iran’s central bank had about $507 million in USDt (USDT), the US dollar-pegged stablecoin issued by Tether. According to the platform, it was likely that the bank used the digital assets to address the collapse of Iran’s rial or settle international trade. “The CBI's accumulation of USDT began in earnest during a period of extreme economic volatility,” said Elliptic. “The value of the rial had halved in just eight months, to a record low against the dollar (at the time). Iran's central bank may have attempted to stem this decline by buying rials with USDT on Nobitex, effectively using cryp...

Elliptic traced more than $500 million in USDT tied to Iran’s central bank, suggesting the stablecoin was used to manage foreign-exchange pressures and build a “sanctions-proof” alternative to dollar banking.

The apparent shutdown follows years of scrutiny of one of crypto’s largest fraud marketplaces. A Telegram-based escrow service linked to an illicit online marketplace appears to be winding down operations after refunding more than $130 million in stablecoins, a move that analysts say may disrupt a major hub for crypto-related scams. Tudou Guarantee, a service linked to the Huione Group, has apparently refunded $130 million in Tether USDt (USDT) to the group’s public merchants since the beginning of 2026, according to data shared by blockchain analytics company Bitrace. Refunds began with about $3.7 million on Jan. 1 and peaked at about $18.1 million on Sunday, Bitrace said. Earlier on Friday, the company seemingly announced the shuttering of operations through its Telegram channel, according to screenshots shared by Bitrace. Read more

Binance launched gold and silver perpetual futures settled in USDT, expanding crypto-denominated access to precious metals markets. Binance launched new perpetual futures contracts tied to gold and silver, expanding the crypto exchange’s derivatives offering beyond digital assets as demand grows for exposure to traditional safe-haven markets. Binance said Thursday it had introduced gold and silver perpetual futures that allow investors to trade the metals around the clock without an expiration date. The contracts are settled in Tether’s USDt (USDT) stablecoin, giving traders onchain access to price movements in precious metals rather than direct ownership of the underlying assets. Read more

USDC grew faster than USDT for the second consecutive year, driven by increased demand for regulated digital dollars.

When Venezuelan President Nicolás Maduro appears in a federal courtroom in New York to face narco-terrorism charges, the world will see a geopolitical spectacle. However, for cryptocurrency investors, the proceedings carry a hidden financial stake that could reshape the global Bitcoin market for years to come. Data from Bitcoin Treasuries credit the Venezuelan government with […] The post Venezuela’s secret $60 billion Bitcoin empire from illicit gold and USDT swap rumors ignite after US “intervention” appeared first on CryptoSlate.

A user lost nearly $50 million in USDt after copying a poisoned wallet address from transaction history, showing how subtle address spoofing can trick users. A single transaction error led to one of the largest onchain losses seen this year, after a user mistakenly sent nearly $50 million in USDt to a scam address in a classic address poisoning attack. According to onchain investigator Web3 Antivirus, the victim lost 49,999,950 USDt (USDT) after copying a malicious wallet address from their transaction history. Address poisoning scams rely on look-alike wallet addresses being inserted into a victim’s transaction history via small transfers. When victims later copy an address from their transaction history, they may unknowingly select the scammer’s lookalike address instead of the intended recipient. Read more

A user lost nearly $50 million in USDt after copying a poisoned wallet address from transaction history, showing how subtle address spoofing can trick users. A single transaction error led to one of the largest onchain losses seen this year, after a user mistakenly sent nearly $50 million in USDt to a scam address in a classic address poisoning attack. According to onchain investigator Web3 Antivirus, the victim lost 49,999,950 USDt (USDT) after copying a malicious wallet address from their transaction history. Address poisoning scams rely on look-alike wallet addresses being inserted into a victim’s transaction history via small transfers. When victims later copy an address from their transaction history, they may unknowingly select the scammer’s lookalike address instead of the intended recipient. Read more

Using the Bitcoin's Lightning Network and Tether's USDT, Speed handles $1.5 billion in annual payments and serves 1.2 million users.

The new feature gives select users access to traditional market derivatives, with positions margined and settled in USD during a limited testing phase. Bitget has launched a private beta for a new TradFi trading feature that gives crypto users access to forex, commodities and stock derivatives contracts using stablecoins as collateral. The feature will allow Bitget users to trade major fiat currency pairs, gold and other derivatives alongside crypto spot and derivatives products on the same platform. Trades will be margined and settled with Tether’s USDt (USDT), allowing users to access traditional trading markets without the need to open a separate brokerage account or convert currencies. According to Monday’s announcement, use of the feature is limited to selected users and is being rolled out in a testing phase, with access restricted as Bitget evaluates performance and risk controls across the new markets. Read more

The USDT-powered network launches with support from Bitfinex, Hack VC, Tether executives and other investors following a $28 million seed round. Tether-backed Stable protocol has launched its USDT-powered blockchain, StableChain, alongside a new governance foundation and a native token.  According to the protocol, the new layer-1 network is designed for stablecoin transactions and relies on Tether’s USDt (USDT) for gas fees payments, removing the need for volatile assets to process payments. Alongside the mainnet debut, Stable introduced the Stable Foundation and the STABLE governance token on Monday, separating network security from payment flows settled in USDT. Read more

ADGM’s recognition of USDT as an accepted fiat-referenced token lets licensed companies offer regulated custody, marking a step for stablecoins in the UAE. Tether’s USDt, the largest stablecoin by circulation, has secured a regulatory milestone in Abu Dhabi’s international financial center, opening the door for licensed institutions to use the token in regulated services. Announced Monday, USDt (USDT) was formally recognized as an “accepted fiat-referenced token,” allowing regulated firms in the Abu Dhabi Global Market (ADGM) to offer trading, custody and other services involving the stablecoin.  ADGM — an international financial center and free economic zone — has become a magnet for digital asset companies seeking clear rules and institutional access. Read more

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