Tether has confirmed it will phase out CNH₮, removing the yuan‑pegged token from issuance and redemption cycles. The move narrows on‑chain CNH options and may shift flows back to USDT or other alternatives.
Tether has moved 27 tons of gold—roughly $150 million worth—into the crypto market as gold rallies back above $5,000, supplying buyers with physical-backed liquidity. The action signals rising risk-off demand and active reserve management by the stablecoin issuer.
Tether has frozen more than $500 million in digital assets tied to a Turkish gambling ring, affecting addresses associated with the operation. The move highlights the stablecoin issuer's growing role in blocking suspected illicit flows tied to USDT.
Tether announced a strategic investment in the T-0 network to accelerate integration of USD₮ into institutional payment rails, aiming to speed settlement and broaden enterprise adoption.
Tether CTO Paolo Ardoino posted a message appearing bullish on Bitcoin on Feb. 6, prompting fresh debate as the crypto market endured a sharp correction. The comment underlines Tether’s public-facing stance during a volatile period for BTC and stablecoins like USDT.
Tether is investing $150 million in Gold.com to expand tokenized gold sales and enable customers to buy physical bullion using its stablecoins, including USDT and XAUT. The partnership aims to broaden global access to digital gold and integrate with existing tokens like PAXG.
Tether has injected $100 million into Anchorage Digital, the U.S.-regulated bank behind its USAT stablecoin, reinforcing its presence in the U.S. market and banking relationships.
Tether CEO Paolo Ardoino has downplayed a reported $20 billion fundraising plan after investors pushed back against a proposed $500 billion valuation target, the Financial Times reports. The move underscores market skepticism about the scale of the issuer's ambitions for USDT.
Tether and Opera announced integration of USDT and tokenized gold into MiniPay, which has reached 12.6 million activations. The move aims to expand stablecoin access and payment options across emerging markets.
Tether will allocate 10–15% of its investment portfolio to physical gold, CEO Paolo Ardoino said, expanding bullion holdings that already back some of the company’s products. The announcement signals a push to diversify reserves beyond cash and short-term instruments.