what's tether?
Tether is a leading stablecoin issuer, primarily known for its USDT token, which is pegged 1:1 to the US dollar to provide price stability in the volatile cryptocurrency market. Launched in 2014, Tether operates as a digital asset backed by reserves including cash, cash equivalents, and other assets, enabling seamless transfers and trading on various blockchains like Ethereum, Tron, and Bitcoin. The project aims to bridge traditional finance and crypto by offering a reliable medium of exchange, liquidity for exchanges, and a hedge against volatility. Tether publishes transparency reports on its reserves and supports multiple fiat-pegged tokens, including those for the Mexican peso, offshore Chinese yuan, and gold. It has faced scrutiny over reserve backing but remains the most widely used stablecoin globally, facilitating billions in daily transactions.
Tether froze funds, faces monitoring, and expands platform integrations.
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Froze $180 million worth of funds connected with Venezuela.
Bank of Thailand monitors USDT for potential 'grey money' trades.
is supported as a deposit asset in Mezo's vaults alongside tBTC, WBTC, and cbBTC
is available as a deposit option for the hwHLP vault on Equilibria running on HyperEVM
USDT deposits and withdrawals on BNB Chain went live on Backpack Exchange on January 12, 2026.
Froze $182 million USDT on Tron across 5 wallets through blacklist action on January 11, 2026.
Received trademark approval in Russia for the Hadron asset tokenization platform in January 2026, with protection valid until October 2035, covering blockchain-based financial services, crypto trading and exchange, crypto payment processing, and related advisory services.
Experienced ~$1 billion in transfers via UK-registered exchanges Zedcex and Zedxion linked to Iran's IRGC since 2023, with USDT on Tron accounting for the majority of volume, rising from $24 million in 2023 to $619 million in 2024 and $410 million in 2025.
Integrated with Solana's Legacy Mesh to unify $175 billion in global USDT liquidity across chains.
Reached $13.3 trillion in transaction volume for the full year 2025.
Minted 1 billion USDT on 2026-01-09.
Invested up to $50 million in crypto lender Ledn at a $500 million valuation.
Partnered with the United Nations Office on Drugs and Crime to combat cybercrime and human trafficking in Africa through blockchain education and victim support.
Minted $3.75B in stablecoins over the week ending 2026-01-09.
Included in DIAN Resolution No. 000240 requiring Colombian crypto exchanges and service providers to report USDT transactions starting from the 2026 tax year, with first filing due in May 2027, as part of OECD CARF compliance.
Generated $622.54M in fees over the 30-day period ending approximately January 8, 2026, ranking first among crypto entities by fee generation.
Binance launched 24/7 USDT-settled gold and silver futures contracts.
HTX Global withdrew $1 billion USDT from Aave and sent it to Tether for possible redemption on January 8, 2026.
Wintermute transferred 11.48M USDT into Binance on January 8th, 2026.
Achieved record-breaking USDT supply on the TRON network throughout 2025 as reported by Messari, RWA.io, and Stablecoin.info in their year-end research.
Partnered with Rumble to launch Rumble Wallet, a non-custodial crypto wallet integrated into Rumble's platform that supports USDT, Bitcoin, and XAUt for tipping creators.
Coinbase removed the FLOW-USDT trading pair from its platform.
CEO scheduled to speak at an upcoming conference alongside leaders from SEC, BlackRock, Federal Reserve, CFTC, and other major financial institutions.
Introduced Scudo, a new product for fractional gold ownership onchain.
Dominance has confirmed a weekly bearish divergence.
Reached 5 million active addresses in 2025, as reported by Growthepie and Dune.
Issued $200 million USDT on Ethereum on 2026-01-05.
A Tether depeg event is identified as a potential risk factor that could spike BTC perpetual futures tail risk parameter (ξ) to 0.5+ and trigger cascading correlated liquidations.
Crypto.com launched an XAUT app campaign running from January 5 to January 19, 2026, offering participants the chance to earn $10 in XAUT with rewards for the top 2,000 eligible participants.
Will be available as a trading pair (BREV/USDT) for the Brevis token listing on Binance on 2026-01-06 at 14:00 UTC.
Generated $13 billion in profit during 2024, with $7 billion from U.S. Treasury bond interest.
Invested in SQRIL, a Southeast Asia-based startup providing a payments API switch for banks, ewallets, and fintech apps to enable cross-border QR code payments in real time across Asia, Africa, and Latin America.
Intelligence reports estimate Venezuela may hold a shadow reserve of approximately 600,000-660,000 BTC (valued at $56-67 billion), allegedly accumulated since 2018 through gold swaps and oil settlements that were converted from USDT, though these figures are unverified by on-chain analysis.
Processed $44.6B in crypto transaction volume in Venezuela between July 2024 and June 2025.
Had 17 million active addresses on Ethereum L1 in 2025.
A whale/institution purchased 2,251 XAUt tokens (tokenized gold) for $9.95 million at an average price of $4,420 per token on January 2, 2026.
withdrew $778,700,000 in BTC from Bitfinex on January 1st, 2026
Listed as a quote asset in XAUT trading pairs on Upbit, South Korea's largest crypto exchange, alongside KRW and BTC.
Acquired 8,888.8888888 BTC in Q4 2025.
Total contract trading volume exceeded 9 trillion USDT in annual volume on BitMart during 2025.
Added as an extra 50 USDT reward into a game-based campaign pool by a community member for a Bitcoin mining education initiative.
Mentioned as the underlying asset for Zama's first confidential stablecoin transfer (cUSDT) on Ethereum mainnet, demonstrating use in confidential transfer technology.
Minted $1 billion USDT on Tron on December 30, 2025.
Invested in humanoid robotics.
Tether Treasury transferred $500.5 million USDT to Ethena Labs wallet 0xb5E4d212.
Added Anchorage Digital Bank as a regulated custodian for USDe assets.
Enabled for stablecoin settlement on Polygon through Shift4's merchant payment system, alongside USDC, EURC, and DAI.
Combined stablecoin supply of USDT and USDC exceeds $260 billion.
S&P Stablecoin Stability Assessment rated USDT at 5 (weak) in November 2025.
Participated in Speed Wallet's $8M funding round as a co-investor alongside Ego Death Capital.
Reached 200 million unique addresses holding USDT across all chains, a new all-time high, up from 100 million in early 2022.
Listed as the quote asset in the ZKP/USDT trading pair on Gate, with spot trading starting on 2025-12-26 at 10:00 AM UTC and futures trading already open.
Integrated with Sei Network's Market Infrastructure Grid (MIG) as a stablecoin issuer in the Capital System pillar, coordinating capital flow across the Sei ecosystem.
Recovered scam- and crime-linked funds through a "freeze + burn + reissue" process, with more than 53% of frozen USDT occurring on the Tron network.
Powers real-world settlement transactions on TRON in collaboration with RealOpen.
Integrated with Sei Network as a capital infrastructure provider on the Sei Market Infrastructure Grid, participating in an interoperable execution environment for capital operations.
Expanding USDt availability on Telegram Wallet in collaboration with fonbnk and TON blockchain, with local events scheduled in Kenya, Ivory Coast, and Senegal in December 2025.
Increased market capitalization by 1.48% over the 30-day period ending around December 24, 2025.
Identified as the second-highest fee-generating protocol after Tether and Circle, but this is stated as an opinion about market positioning rather than a confirmed metric change for Tether.
Robo-farm NFT holders can claim yields totaling 5.73 USDT per NFT on peaq network, with payouts scheduled for 2025-12-30.
Two wallets (0x1209...e9C and 0xaac6...508) lost approximately $2.3M in USDT due to a private key compromise, with the attacker converting the stolen USDT to 757.6 ETH and laundering through Tornado Cash.
CEO Paolo Ardoino states "USAT will be the delivery of value" as the firm prepares to launch its US compliant stablecoin.
Nominated for "Best In Tokenization" award, with the winner to be announced on 2025-12-30.
Drove significant demand for gold in 2025, matching sovereign-level buying as part of diversification away from the dollar.
Launched native or bridged version on Aptos blockchain, becoming the largest stablecoin on that chain by supply.
Predicted to surpass ETH and take the #2 spot by market cap in 2026 according to a market participant known as Tulip King.
Hiring a Lead Software Engineer for mobile crypto and AI-powered wallets.
USDT and USDC combined average $192 billion per day in on-chain transfers, nearly twice the volume of the top five crypto assets combined.
Transfer volume on TRON (combined with USDC) reached approximately $24.2 billion per day on a 90-day simple moving average.
Reached ~$68B in on-chain value transfer on a 90-day simple moving average.
A user lost $50M in USDT through an address poisoning scam, with the funds remaining at the scammer's address 0xcb80784ef74c98a89b6ab8d96ebe890859600819.
Launched on Celo network in 2024.
Added support for deposits and withdrawals on TRON network via Kalshi platform.
Accepted as payment method alongside USDC and SOL for the Into.space public token sale on Solana, raising between $2.5M and $99M FDV with 100% unlock at TGE.
Has 9.63 million non-empty wallets on its network.
Holds majority ownership stake in Northern Data AG (ETR:NB2) which operates Bitcoin mining assets.
Funds mining deployments to be managed by new entities Proton and Elektron, led by former Swan executives Raphael Zagury and Alex Holmes.
RLUSD is viewed as a potential competitor to disrupt the stablecoin market dominance of USDT and USDC.
Launched PearPass, a peer-to-peer password manager that stores credentials locally on users' devices and synchronizes via encrypted peer-to-peer connections without relying on cloud servers, with the product being open source and having completed an independent third-party security audit.
Migration to USD₀ is underway on Mantle, phasing out USDT (Bridged) with swap functionality available through Merchant Moe's aggregator.
Over $30 billion of USDT sits across alternative Layer 1s and Layer 2s, generating north of $1 billion annually in revenue for Tether.
Invested in a crypto startup that enables stablecoin use via Bitcoin Lightning Network.
Featured in a presentation at stable_summit comparing USDT to USDC and DAI across centralized and decentralized exchanges, analyzing depeg risks, fat tail distributions, and onchain depeg insurance concepts.
PancakeSwap and YZI Labs co-incubate Probable prediction market protocol on BNB Chain with USDT as the base wagering currency, automatically converting all deposited assets to USDT for predictions and betting across sports, politics, crypto, and major events.
Ledger introduces CL Card with USDT as a cashback option, expanding USDT's integration into crypto payment products.
USDT market cap continues to shrink.
Juventus shares rise 17% following the rejection of Tether's acquisition offer.
Tether seeks up to $20 billion in share sales at a $500 billion valuation and considers tokenizing its stock, according to Bloomberg sources.
Italy's Agnelli family unanimously rejects Tether's $1.3 billion acquisition offer for Juventus FC, with holding company Exor stating it has no intention of selling shares to the stablecoin issuer.
XAUT (Tether Gold) approaches new low against BTC.
Tether blocks investor sales while conducting its $20 billion fundraising round. The holding company reports over $20 billion in retained earnings and operates businesses in stablecoins, AI, and energy sectors.
USDT gains regulatory approval in Abu Dhabi and Stable unveils StableChain for USDT-native settlement.