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.
Tether’s open-source TurboQuant release compresses the memory AI needs during long sessions, letting laptops, phones, edge devices, and decentralized networks handle larger documents, longer conversations, codebases, and personal AI assistants without sending everything to the cloud 1 June 2026 – Tether’s AI Research Group today announced the production release of its open source implementation of […]
25 May, 2026 – Tether, the largest company in the digital asset ecosystem, today announced plans to launch GEL₮, a stablecoin representing the Georgian Lari, with the support of the Government of Georgia. This marks one of the first joint efforts to place a national currency directly onto digital asset rails under a purpose-built stablecoin […]
20 May 2026 – Tether International, S.A. de C.V. (“Tether International”), the controlling shareholder of Twenty One Capital (“XXI”), today announced that it has acquired SoftBank’s stake in XXI. At the closing of the transaction, SoftBank’s representatives on the XXI Board of Directors (the “Board”) stepped down in accordance with XXI’s shareholder agreement. This transaction […]
