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The Latest Breaking News from Tether

OpenFX raises $23 million led by Accel to build near-instant cross-border transactions

Why the latest stablecoin startup to raise venture funding could bring a technological breakthrough.

Fortune

Trump Commerce Secretary's $600M Stake in Crypto Firm Operating In El Salvador Suggests Potential Conflict of Interest: Report

Lutnick's connection to Tether emerged during his January 2025 confirmation hearings, when Senator Elizabeth Warren raised concerns around his "ability to put the interests of the American people ahead of financial interests"

Latin Times

Crypto Casinos Surge to $81 Billion in 2024 Amid Global Scrutiny

One corner of the digital economy that hasn't let up in a year filled with volatility and regulation has been crypto casinos. These blockchain-based betting sites raked in a staggering $81.4 billion in gross gaming revenue (GGR) in 2024 alone, as stated in a study by Yield Sec. This was…

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How the Trump family is poised to profit from a $2 billion Middle East crypto deal that uses their stablecoin

The transaction has prompted Democrats to reverse course on bipartisan stablecoin legislation.

Fortune

Lutnick's "5-star rating" for conflicts

“Our system was never designed for this level of conflict issues,” ethic watchdogs say

Salon

Cantor Fitzgerald partners with Tether, Bitfinex and SoftBank to launch Bitcoin acquisition company

Twenty One Capital plans to launch publicly with 42,000 Bitcoins.

Fortune

Tether’s CEO says his $144 billion stablecoin is good for the U.S. dollar. Is he right?

Paolo Ardoino says USDT is a counterweight to Chinese influence in Africa and South America.

Fortune

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Donald Trump has launched his own crypto dollar called USD1: What we know so far

His family’s crypto project, World Liberty Financial, implicitly confirmed the launch on Monday.

Fortune

Senate poised to advance landmark crypto bill, Warren warns of Elon Musk 'controlling' financial system

The Senate is expected to mark up a stablecoin bill on Thursday.

Fortune

Crypto giant Tether CEO on cooperating with Trump administration: ‘We’ve never been shady’

Paolo Ardoino – head of the world’s most traded cryptocurrency, which is backed by Trump aide Howard Lutnick – claims Tether is benefiting the US

The Guardian - US

This Little-Known AI Stock Just Entered the Race to Become the Next MicroStrategy

Like MicroStrategy, Rezolve AI is a tech company that announced plans to hold Bitcoin on its balance sheet.

Barchart

Bybit Hack: How The $1.4B Exploit Happened, Funds Recovered, And Who's Responsible

Bybit was exploited for over $1.4 billion Friday, rocking the crypto industry to the core, as it easily became the largest single heist in crypto history.

International Business Times

Figure gains SEC approval for first interest-bearing stablecoin launch

It’s the first time the regulator has approved the registration of an interest-bearing stablecoin as a public security.

Fortune

Tether CEO Slams JPMorgan Analysis Indicating Stablecoin Giant May Sell Bitcoin

Tether's Paolo Ardoino isn't so happy about a report by JPMorgan analysts suggesting the stablecoin behemoth may need to dump its Bitcoin holdings due to non-compliance with recently-introduced stablecoin bills in the U.S.

International Business Times

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Fortune

Exclusive: Stablecoin company Plasma raises $24 million from Framework to launch its own blockchain

The company will use the money to launch its blockchain in the coming months.

Salon

Lutnick's crypto ties under scrutiny

Lutnick hasn't committed to recusing himself from a group Trump ordered to develop crypto policies

Fortune

Tether says it made $13.7 billion in profits. Its CEO plans to invest half in decentralized AI and a ‘very tall tower’

In a Q&A, Paolo Ardoino shares some of his ambitious plans for the stablecoin's giant warchest.

Top News

Sen. Warren Criticizes Lutnick's Ties To Tether Stablecoin

Learn about the debate surrounding U.S. dollar stable coins, Tether, and regulatory challenges in the cryptocurrency market.

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The Guardian - US

From crypto bro to commerce secretary pick: Howard Lutnick’s glaring conflict of interest

Trump’s choice shows how his friends and their business interests benefit from policy positions in his administration

International Business Times

Tether Is Relocating To Bitcoin Country El Salvador, Nayib Bukele Welcomes $USDT Issuer 'Home'

Tether will soon complete the formalities needed to relocate to El Salvador, marking the most significant development in the country's bid toward attracting crypto business providers.

Fortune

Crypto giant Ripple plans to ‘imminently’ debut its stablecoin on major exchanges: Can it gain market share?

A Ripple executive says RLUSD has seen ‘incredible momentum’ since its launch.

International Business Times

$RLUSD On More Exchanges Imminent, $XRP ETFs Approval 'Likely': Ripple President

Ripple is expecting a busy year in 2025 as it continues to work at getting the $RLUSD stablecoin on other exchanges and platforms, and it may also be preparing for massive impact as hopes for an $XRP ETF rise.

International Business Times

Robinhood Trends After $2.5M Bitcoin Giveaway To Gold Members Who Tuned In To 2025 Countdown

Crypto users on X went abuzz Wednesday night after Robinhood gave away $2.5 million worth of Bitcoin to its Gold members who tuned in to the New Year 2025 countdown on the Robinhood app.

International Business Times

$XRP Returns To Top 3 As $RLUSD Trades Higher Than $USDT – Effect Of Upcoming 'Un-Tethering'?

$RLUSD has stabilized at $1, seemingly affecting $XRP prices positively as the altcoin surged 15% in the last 24 hours – some crypto users believe the uptick may be related to FUD (fear, uncertainty and doubt) around $USDT's fate in the European Union.

International Business Times

MiCA Comes Into Full Force: What You Need To Know About EU's Stringent Crypto Rules

MiCA has finally come into full force, and it has a long list of requirements for businesses that seek to do business or are already providing services or crypto products to citizens in the European Union's member states.

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