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.
17 March, 2026 – Tether today announced a breakthrough in AI model training with the launch of the world’s first cross-platform LoRA fine-tuning framework for Microsoft’s BitNet models (1-bit LLMs). This new capability, part of QVAC Fabric, dramatically reduces memory and compute requirements, enabling billion-parameter language models to be fine-tuned on everyday hardware, including laptops, […]
Tether today announced a transition within its investment leadership. Chief Investment Officer Richard Heathcote, who has played a central role in shaping Tether’s investment strategy during a period of extraordinary growth, will be stepping back from his day-to-day responsibilities to focus on personal and family priorities. Richard has been one of the driving forces behind […]
12 March 2026 – Tether Investments today announced a strategic investment in Ark Labs, the team behind Arkade, the programmable Bitcoin infrastructure, to expand global stablecoin access on the largest and most liquid network. This investment was part of a $5.2 million funding round, reinforcing Tether’s integral role and ongoing expansion into the Bitcoin ecosystem. […]
