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177 articles with this tag
Tether Posts $1.04B Q1 Profit, Holds $141B in Treasuries, Gold and Bitcoin

Tether Posts $1.04B Q1 Profit, Holds $141B in Treasuries, Gold and Bitcoin

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Tether reported a hefty $1.04 billion in Q1 2026 profit while USDT circulation stayed near record highs, backed by a reserve stack that leans heavily on U.S. Treasuries, physical gold, and bitcoin. $1.04 billion in Q1 net profit $183 billion in USDT-related liabilities $141 billion in direct and indirect U.S. Treasury exposure $20 billion in […]

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US Seizes Nearly $500M in Iranian-Linked Crypto, Including $344M in USDT

US Seizes Nearly $500M in Iranian-Linked Crypto, Including $344M in USDT

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The U.S. says it has seized nearly $500 million in Iranian-linked crypto assets, escalating a sanctions campaign that now reaches deep into stablecoins, shipping, oil, and shadow banking. The biggest confirmed chunk: $344 million in Tether’s USDT. Nearly $500 million in Iranian-linked crypto assets seized $344 million of that was frozen in USDT Operation Economic […]

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Warren and Wyden Probe Tether Loan Tied to Commerce Secretary Howard Lutnick

Warren and Wyden Probe Tether Loan Tied to Commerce Secretary Howard Lutnick

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Senators Elizabeth Warren and Ron Wyden are pressing Tether and Commerce Secretary Howard Lutnick over a reported loan tied to a trust benefiting his children, raising fresh questions about conflict of interest, crypto regulation, and whether Washington is once again getting a little too comfortable with money that should be under a microscope. Probe launched: […]

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US Seizes Nearly $500M in Iranian Crypto Amid Sanctions Crackdown

US Seizes Nearly $500M in Iranian Crypto Amid Sanctions Crackdown

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The U.S. says it has seized and frozen nearly $500 million in Iranian crypto-linked assets as part of a wider sanctions push that is hammering Tehran’s banks, oil trade, and shadow financial network. Nearly $500 million in Iranian crypto assets reportedly seized Operation Economic Fury targets crypto, banks, property, oil, and shipping Scott Bessent: “We […]

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Stablecoins Evolve Into Core Payments Infrastructure as Tether, Circle Clash in DeFi

Stablecoins Evolve Into Core Payments Infrastructure as Tether, Circle Clash in DeFi

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Stablecoins are no longer just a remittance hack for sending dollars across borders. New data, corporate adoption, and the Tether-vs-Circle fight in DeFi show they’re becoming real financial infrastructure. Stablecoins are shifting from cross-border remittances to everyday payments Tether and Circle are fighting for DeFi, settlement, and trust Meta, Western Union, and regulators are pushing […]

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Tether Joins Canaan and ACME Swisstech to Build Modular Bitcoin Mining Infrastructure

Tether Joins Canaan and ACME Swisstech to Build Modular Bitcoin Mining Infrastructure

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Tether is moving deeper into Bitcoin’s industrial side, teaming up with Canaan and ACME Swisstech to build modular Bitcoin mining infrastructure. It’s a pragmatic play with big implications: more flexible deployment, better energy use, and a louder reminder that Tether wants to be more than just the company behind USDT. Partnership: Tether, Canaan, and ACME […]

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Tether Expands Into Modular Bitcoin Mining, Raising Efficiency and Centralization Questions

Tether Expands Into Modular Bitcoin Mining, Raising Efficiency and Centralization Questions

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Tether is pushing deeper into Bitcoin mining with a modular setup, and that’s the sort of move that can either make the network stronger or hand more power to an already heavyweight operator. Modular BTC mining usually means prebuilt, containerized units that can be shipped, plugged in, and scaled without the usual construction circus. Faster […]

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US Freezes $344M in Iran-Linked Crypto as Tether Blocks USDT on Tron

US Freezes $344M in Iran-Linked Crypto as Tether Blocks USDT on Tron

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Washington has frozen about $344 million in crypto tied to Iranian-linked wallets, a sharp reminder that centralized stablecoins are not a magical escape hatch from sanctions. The move, which followed Tether’s own freeze of the same funds, hits wallets reportedly connected to the Islamic Revolutionary Guard Corps (IRGC) and Hizballah. $344 million frozen in Iran-linked […]

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US Treasury Freezes $344M in Iran-Linked Crypto Wallets With Tether Help

US Treasury Freezes $344M in Iran-Linked Crypto Wallets With Tether Help

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US Treasury Sanctions Iran-Linked Crypto Wallets, $344 Million Frozen With Tether Support The U.S. Treasury has hit Iran-linked crypto wallets with sanctions and helped freeze roughly $344 million in digital assets, with Tether assisting in the freeze. It’s a sharp reminder that crypto is no longer some untouchable side alley of finance; it’s now squarely […]

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