Tether (USDT) News Today

Latest crypto news and price forecasts for USDT: Gate News brings together the latest updates, market analysis, and in-depth insights.
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USDT Manipulation Case Upgraded! Tether and Bitfinex Collective Lawsuit Approved by New York Court

The U.S. court partially approved the class-action lawsuit against Tether and Bitfinex, narrowing the scope of plaintiffs to include investors who purchased crypto commodity futures between 2017 and 2019. The core allegations of the case involve the manipulation of the market through USDT that was not fully backed by reserves, resulting in investor losses. This class-action lawsuit is still ongoing and will strengthen the plaintiffs' bargaining position.
ETH1,24%
MarketWhisper·1h ago
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Tether CEO: USDT has served over 550 million users in emerging markets worldwide, with the largest individual sender accounting for less than 5%

Tether CEO Paolo Ardoino announced that, among the total USDT sent over the past 12 months, the largest individual sender accounts for 4.97%, significantly lower than the 23.34% seen in other stablecoins. He pointed out that USDT primarily serves populations overlooked by traditional finance, with over 550 million users in emerging markets worldwide currently relying on USDT.
GateNews·22h ago

Tether Backs Eight Sleep in $1.5B Health Tech Deal

Tether Investments invested in Eight Sleep to build AI-powered health intelligence tools using sleep and recovery data insights. Eight Sleep will integrate Tether’s QVAC edge AI architecture to process sleep and health data directly on devices. Tether Investments expands into health
CryptoFrontNews·03-07 14:06

Rumble latest financial report: holds 210.82 BTC, Tether commits $150 million for GPU service procurement

Rumble disclosed in its latest financial report that it holds 210.82 Bitcoins and $237.9 million in cash, with liquidity reaching $256.4 million. Tether will pay it $100 million in advertising fees and provide up to $150 million in GPU service procurement commitments to strengthen AI infrastructure collaboration.
BTC0,02%
GateNews·03-07 05:06

Tether leads $7.5 million funding round for Utexo startup

Tether, the largest stablecoin issuer, co-led a $7.5 million funding round for Utexo, enabling USDT payments directly on the Bitcoin network. The investment aims to enhance Bitcoin's role as a global payment infrastructure for USD transactions, with fixed fees and instant processing.
BTC0,02%
ZRO0,4%
TapChiBitcoin·03-07 00:11

Tether Backs Eight Sleep in $1.5B Health Tech Deal

Tether Investments invested in Eight Sleep to build AI-powered health intelligence tools using sleep and recovery data insights. Eight Sleep will integrate Tether’s QVAC edge AI architecture to process sleep and health data directly on devices. Tether Investments expands into health
CryptoFrontNews·03-06 14:01

Rumble: Tether has committed to providing $150 million in GPU service procurement and currently holds 210.82 BTC.

Rumble disclosed in its latest financial report that it holds 210.82 Bitcoin and $237.9 million in cash, with total liquidity of approximately $256.4 million. The company will collaborate with Tether to secure $100 million in advertising spending and $150 million in GPU service procurement commitments to enhance AI infrastructure and computing power.
BTC0,02%
GateNews·03-06 11:49