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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 Invests in LemFi to Promote Stablecoin-Powered Remittances Across Emerging Markets

18 May 2026 – Tether, the largest company in the digital asset industry and issuer of USD₮, the world’s most widely used stablecoin, has announced an investment in LemFi, a financial platform serving millions of people who live and work across borders.  This investment aims to promote financial inclusion and expand access to efficient, borderless […]

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$450 Million Frozen And Counting: T3 Financial Crime Unit Continues Global Crackdown on Illicit Crypto Flows

14 May 2026 – The T3 Financial Crime Unit (T3 FCU), a joint initiative by Tether, TRON, and TRM Labs, announced today that it has frozen over USD 450 million in illicit assets globally, strengthening regulatory collaboration to target cryptocurrency-related financial crimes. This year, T3 FCU has successfully supported investigations into crimes involving banned or […]

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Tether Launches Developer Grants Program to Fund Local-First AI and Payments Infrastructure

11 May, 2026 – Tether, the largest company in the digital asset ecosystem, announced today that it is launching a grants program to fund developers building on its open technology stack, with no cap on total payouts, tied to specific technical deliverables. The grants program is now open, and developers can apply to active tasks. […]

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