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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.

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Tether Collaborates with Fasset to Launch the First Gold-Backed Card, Unlocking Real-World Utility for Digital Gold

3 June 2026 – Tether, the largest company in the digital asset industry, today announced the launch of the world’s first gold-backed neobanking Visa card in collaboration with Fasset, a digital banking and investment platform that allows users to receive money, invest, earn, and make payments from anywhere in the world. This marks a strategic […]

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Tether AI Upgrades QVAC SDK, Bringing TurboQuant to Everyday Devices, Giving Local AI Data Center-Sized Memory

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 […]

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Tether and the Government of Georgia to Launch GEL₮, the Official Stablecoin of Georgia

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 […]

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