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.
13 July 2026 – Tether, the largest company in the digital asset industry and the issuer of USD₮, announces the successful completion of the first enterprise cross-border settlement Proof of Concept (POC) between Hyundai Motor America and Hyundai Motor de México through Axiym on the Avalanche blockchain network. The initiative demonstrated that an enterprise cross-border […]
Investment supports Mercado Bitcoin’s expansion across tokenization, payments, credit, capital markets and regulated digital financial services 7 July 2026 – Tether, the largest company in the digital asset industry, today announced an investment of $20 million in a strategic growth financing round for Mercado Bitcoin, Latin America’s leading on-chain financial services platform. The investment reflects […]
Tether AbT* today announced that it will begin the planned wind-down of Alloy by Tether and aUSD₮, following a review of user activity, market demand, and the company’s broader priorities. Alloy by Tether was launched as an open platform designed to explore the creation of digital assets backed by Tether Gold tokens (“XAU₮”), including aUSD₮, […]
