Tether USD

24h change: +0.01%. From $0.9999 to $1.00.

• Two Thai businessmen filed suit claiming Tether blacklisted addresses holding $42.4 million in USDT in October 2025 after an informal request from a US agent. A formal seizure warrant followed in February 2026. The plaintiffs seek to unfreeze the tokens, prevent their destruction, and obtain damages plus any interest earned on reserves. Tether called the claims baseless and stated it cooperates with law enforcement to prevent illicit use of USDT. The case examines the legal scope of stablecoin issuers' ability to freeze tokens in private wallets.
• USDT continues to trade at approximately $0.9999 with minimal deviation from its $1 peg. Market capitalization stands near $183.4 billion and 24-hour volumes regularly exceed $60-100 billion across exchanges. On-chain data shows Tron hosting the largest share of USDT supply at roughly $88 billion, with trillions in cumulative transfer volume. This underscores USDT's role as the dominant stablecoin for trading, payments, and liquidity in both centralized and decentralized markets.
• Tether led a $3 million seed round in Colombian fintech Plenti and open-sourced offline AI translation models supporting 19 African languages. These moves extend beyond stablecoin issuance into real-world applications and emerging markets. The company also continues tokenization initiatives and maintains significant gold and Bitcoin holdings in reserves. Such diversification supports broader ecosystem growth while leveraging USDT's established liquidity and user base of over 650 million.

24h change: +0.03%. From $0.9997 to $1.00.

• Two Thai businessmen filed a lawsuit in New York federal court claiming Tether blacklisted addresses holding $42.4 million in USDT on October 30, 2025, following an informal request from a U.S. Homeland Security Investigations agent. A formal seizure warrant was not issued until February 2026, tied to a pig-butchering scam investigation involving over $61 million. The case tests the legal boundaries of stablecoin issuers freezing user funds without direct relationship or immediate court order, with plaintiffs seeking to unfreeze the assets, damages, and any income earned on backing reserves.
• Tether AI Research launched offline-capable open-source models including TranslatePsy-AfriSLM for 19 African languages and TranslatePsy-EuroNano for 9 European languages. The smallest 800-million-parameter model outperforms significantly larger systems on translation benchmarks while requiring minimal storage, such as 36MB. The initiative aims to deliver accessible AI for education and health in underserved regions without relying on cloud services or sharing user data.
• USDT continues to trade extremely close to its $1 peg, currently around $0.9996 to $1.0000. Its market capitalization stands at approximately $183.3 billion with substantial 24-hour volume exceeding $47 billion across exchanges. As the dominant stablecoin, it supports high on-chain activity and liquidity in crypto markets while Tether reports ongoing ecosystem developments including tokenization and partnerships.

24h change: -0.00%. From $0.9997 to $0.9997.

• Tether AI Research released lightweight open-source models including TranslatePsy-AfriSLM that support translation for 19 African languages and run entirely offline on smartphones and laptops. The models are designed to bring education, health information, and knowledge to communities without reliable internet access and one reportedly outperforms larger systems on specific benchmarks. Tether positions this as bringing AI to users rather than requiring users to adapt to AI infrastructure. The related research was accepted to the EMNLP 2026 conference and models are available on Hugging Face.
• Two Thai businessmen filed suit against Tether claiming the company froze $42.4 million in USDT following an informal request from a US government official more than three months before any court-issued warrant. The plaintiffs seek unfreezing of the assets plus compensation tied to returns on the reserve holdings during the freeze period. Tether has called the claims baseless. The case raises questions about due process and how stablecoin issuers respond to law enforcement requests.
• Tether announced completion of a full independent audit by KPMG on its 2025 financial statements, receiving an unqualified opinion. This is described as the largest inaugural financial audit in the digital asset industry. The company has reported consistent profitability, growth in USDT circulation to over 183 billion tokens, and increases in gold holdings. These steps address long-standing questions about reserves and operations behind the leading stablecoin.

24h change: -0.01%. From $0.9999 to $0.9997.

• Tether announced completion of a comprehensive independent audit of its 2025 financial statements by KPMG US. The firm issued an unqualified opinion, verifying that reserves exceeded liabilities by $6.814 billion at year end and included physical inspection of gold bars. This addresses longstanding transparency concerns for the issuer of the largest stablecoin by market capitalization. The audit goes beyond previous quarterly attestations by testing transactions, systems, and assets in detail.
• Tether CEO Paolo Ardoino highlighted the company's majority stake in agricultural firm Adecoagro by posting about its high-protein milk products. The Natural Assets division's investment reflects broader efforts to deploy capital into real-world assets beyond Treasuries and gold. Ardoino also promoted Tether AI's on-device medical LLM designed to improve health information access in developing regions without connectivity. These moves build on prior expansions into tokenized gold, Bitcoin holdings, and tokenization projects in Saudi Arabia and Kenya.
• Tether reported $1.5 billion in Q2 2026 net operating profit primarily from US Treasury and repo holdings. Circulating USDT supply remains near 183 billion with total supply approaching 189 billion following regular minting activity. The company continues rolling out its GENIUS Act-compliant USAT stablecoin on additional networks including Celo while navigating upcoming US regulatory deadlines. Usage in developing economies for trade and remittances supports its position as the leading stablecoin.

24h change: -0.00%. From $0.9999 to $0.9999.

• Tether is preparing to reenter the US market with a new dollar-backed stablecoin under US-based leadership. The company has appointed Bo Hines, formerly associated with the Trump administration's digital assets council, to a top role. This follows the passage of the Genius Act and aligns with efforts to meet stricter US regulatory standards for stablecoins after pausing direct US customer service in 2021.
• Paolo Ardoino refuted claims that stablecoins cannot support large-scale payments by emphasizing full reserve backing versus fractional reserves in traditional banking. He highlighted how stablecoins enable decentralized holding of US Treasuries. This exchange reflects broader debates on the role of USDT in global payments and financial inclusion, particularly in developing economies.
• Combined USDT and USDC supply increased by approximately $1.7 billion in August following three months of declines. USDT holds roughly 61 percent dominance within the total stablecoin market of over $300 billion. On-chain activity remains high with significant deposits in DeFi protocols like Aave and continued usage for transfers on networks such as Tron.