USDT

Tether announces its new U.S. stablecoin USAT, led by CEO Bo Hines, supported by Anchorage Digital and Cantor Fitzgerald. This move follows the Genius Act regulating stablecoins and targets use cases like remittances and online payments.

Stay informed about the latest developments surrounding Tether (USDT) as of September 2025. Learn how Bitlet.app can help you invest in cryptocurrencies like Tether with flexible payment options.

Plasma blockchain, designed specifically for stablecoins, is launching its Mainnet Beta on September 25, 2025. With a native token XPL, over $2 billion liquidity, and zero-fee USDT transfers, it aims to revolutionize stablecoin transactions. Backed by $24 million in funding, Plasma offers fast, composable transactions through its PlasmaBFT architecture.

Wyoming’s Wyoming Stable Token Commission launches Frontier Stable Token (FRNT), the first fiat-backed, fully reserved stablecoin issued by a US public entity. Pegged 1:1 to the US dollar and backed by US dollars plus interest-bearing Treasury securities, FRNT aims to provide instant settlement and reduced fees across seven major blockchains including Ethereum and Solana.

Seychelles-based BigONE exchange suffered a $27 million hot wallet hack affecting Bitcoin, Ethereum, USDT, SOL, and XIN. The platform has suspended deposits and trading, assuring users that cold storage and private keys remain secure. BigONE pledges to cover all losses in full using internal reserves and borrowed funds to maintain liquidity.

BigONE exchange experienced a $27 million hack targeting its hot wallet, affecting assets like Bitcoin and Ethereum. The platform pledges full reimbursement and has paused trading and withdrawals for security enhancements.

Panama City is set to embrace cryptocurrency by allowing payments of taxes, fees, and permits using Bitcoin, Ethereum, USDC, and USDT. This move integrates digital assets into public services with banks converting crypto to dollars under legal compliance.

Tether has acquired 70% of Adecoagro for $600 million to embed its USDT stablecoin into global commodities trade, aiming to speed up cross-border payments and reduce costs. This move highlights growing crypto integration into physical assets and real-world markets.