Tether (USDT) | ForkLog

ForkLog 16 01.04.2025

Tether Acquires 8888 BTC, Bitcoin Reserves Reach $7.8 Billion

Tether, the issuer of the USDT stablecoin, purchased 8888 BTC for $734 million. This transaction aligns with the issuer’s strategy of regularly increasing reserves at the end of each quarter. At the time of writing, the total amount of digital gold on the company’s balance sheet reached 92,646 BTC. The unrealized profit amounted to approximately […]

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ForkLog 54 27.03.2025

Paolo Ardoino Predicts USDT Users to Reach One Billion

The number of USDT stablecoin users has surpassed 400 million globally, according to conservative estimates. This was revealed by Tether’s chief, Paolo Ardoino. Today Tether USDt has (conservatively) more than 400 million users across the world. Soon 1 billion. We always focused on the adoption from the ground up, working in the streets, among other […]

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ForkLog 71 27.03.2025

Tether Acquires 30% Stake in Italian Media Company Be Water

Tether, the issuer of the USDT stablecoin, has acquired a 30% stake in the Italian media group Be Water. This was reported by Bloomberg, citing its own sources. According to an insider, the deal is valued at approximately €10 million ($10.8 million). Be Water owns the podcast studio Chora Media, the platform Will Media, and […]

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ForkLog 74 22.03.2025

Tether Seeks Big Four Firm for Reserve Audit

Tether, the issuer of the USDT stablecoin, plans to hire one of the Big Four auditing firms to verify its reserves. This was reported by Reuters, citing the company’s head, Paolo Ardoino. The firms in question are the world’s largest providers of audit and consulting services: Deloitte, PricewaterhouseCoopers, Ernst & Young, and KPMG. According to […]

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ForkLog 60 13.03.2025

Stablecoin Market Capitalisation Surpasses Ethereum

The market capitalisation of the “stablecoin” segment has reached $236 billion, surpassing that of Ethereum ($230 billion at the time of writing).

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ForkLog 168 12.03.2025

Gas Free Feature in TRON Raises USDT Transfer Costs

The Gas Free feature has not reduced the cost of Tether (USDT) transactions on the TRON network. This was highlighted by the developers of the Telegram bot for purchasing and renting energy, re:Fee. In late February, TRON’s founder Justin Sun announced the introduction of Gas Free, which allows network fees to be paid without using […]

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ForkLog 49 10.03.2025

Thailand’s Regulator Approves USDT for Trading and Payments

The Securities and Exchange Commission of Thailand (SEC) has recognized Tether’s USDT as a legitimate cryptocurrency, permitting the stablecoin’s listing on regulated platforms and its use in transactions. The new regulations will come into effect on March 16, 2025. They are designed to enhance business flexibility in the digital assets sector. The approval of the […]

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ForkLog 16 08.03.2025

Garantex Exchange Addresses Tether Asset Freeze

The team at Garantex exchange invited users to their Moscow office to resolve the issue of asset freezing by Tether. “We have developed a solution for the frozen assets and invite users with a positive account balance to a personal meeting,” the official statement reads. Clients are encouraged to submit an application via a Telegram […]

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ForkLog 101 06.03.2025

Garantex Halts Operations Following USDT Wallet Freeze

Tether has frozen the wallets of the Russian exchange Garantex, amounting to over 2.5 billion rubles. The platform has temporarily ceased operations and is seeking a resolution to the issue. According to the Garantex team, all USDT in Russian wallets could be at risk. 6 March 2025 | 14:30Update: Plasma founder Ilya Maksimenko suggested that […]

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ForkLog 40 05.03.2025

EU Regulator Confirms MiCA Does Not Ban USDT Transactions

The storage and transfer of stablecoins not compliant with MiCA do not violate EU laws, stated a representative of the ESMA in a comment to Cointelegraph. The regulator clarified the status of “stablecoins” following Binance’s announcement of delisting USDT and eight other assets within the EEA. ESMA explained that services related to the storage and […]

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ForkLog 71 04.03.2025

Tether Promises ‘Full Audit’ with New CFO Appointment

The company behind the USDT stablecoin, Tether, announced that the appointment of Simon McWilliams as CFO marks a significant step towards conducting a full financial audit. According to the press release, the issuer previously published quarterly attestations of reserves in collaboration with BDO. However, a full audit will provide additional assurance of financial integrity and […]

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ForkLog 69 28.02.2025

Tether CEO: USDT as a Stepping Stone to a Bitcoin Standard

In the long term, the stablecoin USDT will become “useless,” and “the world will use only Bitcoin,” stated Tether’s CEO Paolo Ardoino on the Bitcoin Italia podcast. Ardoino believes the global financial system will face a crisis leading to the collapse of national currencies and hyperinflation. In such a scenario, he explained, only the first […]

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