Jesse Spiro, VP of Regulatory Affairs at Tether US, has been appointed chairman of the Fellowship PAC, a $100 million crypto political action committee operating with limited public disclosure. The move comes as the crypto industry ramps up political activity ahead of the US midterms and could shape stablecoin and regulatory debates.
TRON has teamed up with Zero Hash to make TRX and TRC-20 USDT available to enterprise and fintech platforms globally. The partnership aims to simplify integration of TRON-native assets for institutional users.
Tether has dismissed two senior precious metals traders it recruited from HSBC just months earlier, reflecting a quick reversal in its push into traditional metals trading. The move raises questions about Tether's non‑crypto expansion and reserve diversification plans.
Binance will introduce 24/7 USDT-settled perpetual futures for WTI, Brent and natural gas on April 1, offering up to 100x leverage. Contracts will trade as CLUSDT, BZUSDT and NATGASUSDT.
Tether has hired a Big Four accounting firm for its first full independent audit—moving beyond attestations—while USDT’s market cap reaches $184 billion. The engagement aims to provide deeper assurance on reserves amid heightened regulatory scrutiny.
Tether has engaged a Big Four accounting firm to perform a full audit of USDT reserves, aiming to address long‑running questions about backing and disclosure. The move is intended to boost transparency and confidence in the largest stablecoin.
Federal prosecutors in Boston asked a court to permanently confiscate $3.4 million in USDT tied to a sophisticated online investment scam, according to U.S. Attorney Leah B. The motion seeks forfeiture of funds allegedly stolen from victims.
Corporate treasury teams are increasingly using USDC for settlement, with USDC surpassing Tether in transfer volume as overall stablecoin activity hits record highs. The move reflects a broader shift from traditional bank wires to tokenised-dollar rails for faster, cheaper corporate payments.
Tether has invested in fintech Axiym to embed USDT into regulated treasury and settlement infrastructures, announced March 5, 2026. The partnership aims to expand access to digital dollars and streamline institutional payments and settlements.
South Korean authorities are moving to restrict corporate trading in USDT and USDC amid concerns that dollar‑pegged stablecoins could crowd out other currency alternatives. The proposal raises questions about liquidity, corporate treasury use, and the future of local digital currency options.