Tether USD

24h change: +0.02%. From $0.9991 to $0.9993.

• Bolivia's economy minister announced a proposal to recognize Tether's USDT as a legal payment currency that can circulate alongside the boliviano and the US dollar. The framework aims to address a severe dollar shortage affecting businesses and imports. This step reflects stablecoins filling gaps in emerging markets where traditional dollar access is limited. It could influence similar policies across Latin America where USDT sees heavy real-world use.
• OKX Europe now offers one-way conversion from USDT to USDC as MiCA regulations restrict non-compliant stablecoins like Tether. Users face potential access limits by year-end without migration. The European Central Bank has highlighted risks to bank deposits from wider stablecoin adoption. This illustrates ongoing regulatory challenges for USDT in European markets.
• Tether led a $7 million Series A in Pact Labs to expand its USA₮ stablecoin for payroll and payments applications. It completed a cross-border treasury pilot with Hyundai Motor using USDT on Avalanche between its US and Mexico units. Tether also joined a $20 million investment in Argentine neobank Ualá as part of broader Latin America expansion. These steps demonstrate focus on real-world utility beyond trading.

24h change: -0.01%. From $0.9991 to $0.9991.

• The US Treasury's Office of Foreign Assets Control added four Tron wallets linked to Iran's central bank to its sanctions list. Tether responded by freezing 131 million dollars in USDT contained in those addresses, bringing the total frozen amount linked to Iran to nearly 475 million dollars. The tokens remain visible on-chain but are non-transferable. This development illustrates how Tether's blacklist functionality extends traditional financial sanctions into crypto networks widely used for cross-border transfers.
• Tether participated with a 20 million dollar equity investment in a 197 million dollar funding round for Ualá, valuing the neobank at 3.2 billion dollars post-money. Ualá serves more than 11 million customers across Argentina, Mexico, and Colombia. USDT currently represents about 184 billion dollars or 63 percent of the total dollar-pegged stablecoin market. The investment forms part of Tether's broader push into financial services and regions where its stablecoin sees heavy use for remittances and everyday payments.
• Adjusted stablecoin transaction volume reached a record 1.79 trillion dollars in June 2026. Visa data shows USDC accounted for roughly 70 percent of this volume in the first half of 2026 compared to 25 percent for USDT. USDT however continues to dominate in identified commerce payments, settling 95 billion dollars in the first half of 2026 on networks like Tron. The divergence reflects USDC's strength in regulated DeFi and institutional flows while USDT remains preferred for emerging market payments and raw liquidity.

24h change: +0.00%. From $0.9992 to $0.9992.

• Tether led a $7 million series a funding round in pact labs with participation from blockchange ventures and lasagna. The investment focuses on developing wallet, data, payment and smart contract infrastructure to integrate usdt into payroll, earned wage access, credit and everyday payments in the united states. This builds on tether's efforts to move its stablecoin beyond trading into core financial services. It matters as it aims to reduce friction in traditional compensation and payment systems for users and businesses.
• Hyundai motor america and hyundai motor de mexico completed an enterprise proof of concept transferring corporate funds using tether usdt on the avalanche blockchain via axiym. The pilot moved dollars converted to usdt across borders in minutes versus hours for conventional banking transfers. Tether highlighted this as a successful real-world demonstration of stablecoin utility for global treasury operations. It underscores growing corporate interest in stablecoins for efficient international settlements.
• Under the full implementation of mica regulation, usdt is exiting licensed european exchanges as platforms prioritize compliant stablecoins. Circle is advancing eurc natively on base while usdt faces restrictions in the eu market. This reflects regulatory classification of stablecoins and efforts to bring them within supervised perimeters. It affects how users in europe access the leading dollar-pegged stablecoin for trading and transfers.

24h change: +0.04%. From $0.9988 to $0.9992.

• Tether burned approximately $2.5 billion in USDT on the Ethereum network on July 7, the largest single reduction since February 2026. The action cut circulating supply by about 1.3 percent and was driven by customer redemptions rather than a strategic move. Overall stablecoin market capitalization has fallen by $10 billion since May, with USDT declining about $6 billion to roughly $184 billion. Despite the contraction the USDT peg to the dollar has remained stable around $1.
• Bolivian officials are evaluating a framework to integrate Tether's USDT stablecoin into the country's national payments infrastructure. Crypto usage has grown significantly since the central bank eased restrictions in 2024, with transaction volumes reaching $430 million in the following year. The potential move would treat USDT as a regulated alternative to the boliviano and U.S. dollar for payments. It signals increasing institutional acceptance of stablecoins in Latin America.
• USDC has accounted for about 70 percent of adjusted stablecoin transaction volume in the first half of 2026 compared with roughly 25 percent for USDT. Newer regulated issuers are also gaining market share and chipping away at the dominance of the two largest stablecoins. Tether maintains the largest market capitalization but faces pressure from competitors in on-chain activity and regulatory compliance. Recent developments include Tether winding down its low-demand CNHt yuan-pegged stablecoin.

24h change: -0.02%. From $0.9991 to $0.9989.

• Bolivia's economy minister announced the government is reviewing a framework for USDT to circulate alongside the boliviano and US dollar in its payments infrastructure. Crypto transaction volumes rose dramatically after the central bank lifted restrictions in mid-2024, climbing from $46.5 million to $294 million in the first half of the following year. The proposal requires enhanced anti-money laundering measures while the country remains on the FATF grey list. It signals broader exploration of stablecoins for dollar access in emerging markets facing currency constraints.
• Total stablecoin market capitalization has fallen by around $10 billion since May 2026, including a roughly $6 billion drop for Tether's USDT to approximately $184 billion. June saw the largest single-month decline since the 2022 crypto winter, though the 3 percent drop remains modest compared to the 26 percent contraction then. Smaller regulated issuers have gained share while the overall market hovers near $300 billion. Analysts describe it as a short-term liquidity adjustment after the bull run with no signs of systemic stress.
• Tether plans to relaunch USDT as a native asset on Bitcoin using the RGB protocol in July 2026, enabling private, scalable transactions within the UTXO model rather than as a wrapped token. The integration, developed with UTEXO lab using RGB version 0.11.1, is designed to work with the Lightning Network for low-cost, near-instant transfers. This marks a major expansion beyond bridged versions on other chains like Solana. It aims to deepen USDT utility across the Bitcoin ecosystem while Tether maintains focus on core stablecoin infrastructure.