Tether (USDT)

Tether has invested $25 million in the mobile cryptocurrency payment platform Oobit.

Tether has formed a strategic partnership with rhino.fi to boost liquidity for its cross-chain bridging solution and enable efficient cryptocurrency transactions across different blockchains.

Tron founder Justin Sun has reportedly moved millions in USDT to Binance as the crypto market declines, possibly preparing to buy the dip.

Tether’s stablecoin USDT has lost its 1:1 dollar peg after the company froze over $400 million in USDT and drew scrutiny for rapidly expanding supply, damaging confidence in its policies.

Tether has partnered extensively with US law enforcement agencies like the DOJ, FBI, and Secret Service to improve security and aid investigations in the stablecoin ecosystem.

Tether has responded to US legislators requesting DOJ intervention on illicit stablecoin use, highlighting its transaction monitoring and claiming it assists law enforcement while seeking to be a strong US partner.

Tether froze over 3.5 million USDT tokens across 161 Ethereum wallets in compliance with U.S. sanctions, exposing mysterious transactions right before the enforcement action.

Stablecoin firm Tether unveiled a new voluntary policy to freeze wallets tied to parties sanctioned by the U.S. Office of Foreign Assets Control in an effort to further cooperation with law enforcement.

Crypto exchange BingX announced users can leverage USDT savings from BingX Wealth as margin collateral for futures trading.