TL;DR: A Colombian crypto broker received a 160-month prison sentence in a US laundering and narcotics case, prosecutors announced October 21. The account describes a scheme moving criminal proceeds through Tether and US shell companies. A New York federal judge has sentenced Leonardo de Jesus Zuluaga Duque to 160 months in prison in a case…
TL;DR: Tether says it led Peso’s pre-seed round to expand USDT payment infrastructure in Latin America. The announcement emphasizes local bank connections and merchant payments, without disclosing the investment amount. Tether’s latest investment is aimed at the point where a dollar token becomes useful for buying lunch, paying a merchant or moving money into a…
TL;DR Anchorage Digital has selected LayerZero as its interoperability partner for regulated stablecoins issued through its platform. Tether’s USAT is the first token to adopt the LayerZero OFT standard under the arrangement. LayerZero supports connectivity across more than 170 networks, but not every Anchorage-issued stablecoin is live across every chain today. Anchorage Digital is putting…
Tether’s Alloy gold-backed synthetic dollar reserves have crossed $210 million, according to the company’s transparency materials. The milestone relates to Alloy and aUSDT, not standard USDT reserves. That distinction matters because Tether’s main stablecoin is fiat-backed, while Alloy uses a different structure: a synthetic dollar overcollateralized by Tether Gold. In simple terms, Alloy is designed…
Tether reported $1.3 billion in Q2 net operating profit in its latest BDO attestation statement, while excess reserves rose to $5.2 billion above full USDT backing. The figures keep Tether at the center of the stablecoin market’s profitability and reserve debate. USDT remains the largest dollar stablecoin in crypto, and Tether’s reserve earnings have become…
Tether’s Pact Labs Round Shows Stablecoin Issuers Are Still Building Compliance Rails is a useful reminder that crypto coverage is not only about token prices. Sometimes the more important story is the infrastructure, regulation, security, or product layer sitting underneath the market noise. The immediate point is straightforward: tether led a $7 million funding round…
Tether’s TON Integration Pushes USDT Deeper Into Telegram’s Crypto Economy is the kind of crypto story that looks simple at headline level but becomes more useful once you place it inside the wider market backdrop. Stablecoin adoption often becomes most meaningful when it is embedded in apps people already use, and TON’s link to Telegram…
Tether is again making it clear that it does not want to be viewed only as a stablecoin issuer. Its $25 million investment in telecom infrastructure pushes the company deeper into the world of physical networks, decentralized connectivity, and strategic capital deployment. That shift matters because Tether now sits on one of the largest capital…
Tether has launched Alloy, a synthetic dollar product backed by Tether Gold, in a move that pushes the stablecoin issuer further beyond simple dollar tokens. For more details, visit the official Tether platform. TL;DR Tether has introduced Alloy and its aUSDT synthetic dollar product.The product is backed by Tether Gold (XAUt) rather than traditional cash…
Tether has again shown how much control stablecoin issuers can exercise when sanctioned wallets enter the picture. Following an updated OFAC action, USDT connected to 131 TRON addresses was frozen, putting stablecoin compliance back at the center of the crypto policy debate. The addresses were tied to a sanctions update involving crypto-linked funding networks. Chainalysis…