Print
New Order to Produce Reserves Backing : A Routine Discovery Matter In A Meritless Case

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.

latest news

Tether Names Zachary Lyons as CIO; Richard Heathcote Transitions to Advisory Role After Guiding Investment Expansion

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 […]

Learn more
Tether Announces Strategic Investment in Ark Labs, Reintroducing Stablecoins to Programmable Bitcoin Infrastructure

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.  […]

Learn more
Tether Invests in Axiym to Advance Digital Asset Use Cases Across Global Payment Ecosystems

5 March 2026 – Tether, the largest company in the digital asset industry, today announced a strategic investment in Axiym, a fintech innovator with a globally distributed treasury and settlement infrastructure. This initiative marks a significant milestone in Tether’s mission to expand access to global financial systems and empower individuals and businesses with modern, reliable […]

Learn more
Read all news