The order that was issued yesterday in the case captioned In Re Tether and Bitfinex Crypto Asset Litigation, is a routine discovery order and does not in any way substantiate plaintiffs’ meritless claims.
We had already agreed to produce documents sufficient to establish the reserves backing USDT, and this dispute merely concerned the scope of documents to be produced. As always, we look forward to dispensing with plaintiffs’ baseless lawsuit in due course.
7 May 2026 – Tether’s AI Research Group today launched QVAC MedPsy, a new class of medical language models designed to run directly on smartphones, wearables, and other devices with limited processing power, delivering performance that rivals and, in some cases, surpasses significantly larger models while remaining local and private. Instead of scaling performance through […]
4 May 2026 – Tether Gold (XAU₮), the world’s leading tokenized gold product, continued its rapid growth in the first quarter of 2026 as record gold prices and persistent macroeconomic uncertainty strengthened investor demand for safe-haven assets. The quarter marked a new high for global gold demand by value, as investors continued to seek exposure […]
Tether International, S.A. de C.V., today published its attestation for the first quarter of 2026, prepared by BDO, a top-five global independent accounting firm. The report confirms the accuracy of Tether’s Financial Figures and Reserves Report and provides a detailed view of the assets backing USD₮ as of March 31, 2026. Excess reserves increased to […]
