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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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Raphael Zagury Appointed as New CEO of Twenty One Capital / Jack Mallers to Step Down

Mallers intends to focus on Strike during its next phase of growth 21 July 2026 – Tether International, S.A. de C.V. (“Tether International”), the controlling shareholder of Twenty One Capital (“XXI”), today announced that the Board of Directors of XXI has appointed Raphael Zagury, CEO of the team managing Elektron Energy and currently a XXI […]

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Tether’s XAU₮ Recognized as Accepted Spot Commodity in ADGM

20 July 2026 – Tether, the largest company in the digital assets industry, announced today that Tether Gold (XAU₮) has been recognized as an Accepted Spot Commodity within ADGM, the international financial center of Abu Dhabi. The recognition allows firms in ADGM to offer XAU₮, subject to their own relevant regulatory permissions and approval to […]

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Tether Leads $7 Million Series A in Pact Labs to Expand USA₮ Across Payroll and Payments

14 July 2026 – Tether, the largest company in the digital asset ecosystem, today announced that it has led a $7 million Series A financing round in Pact Labs, with participation from Blockchange Ventures and Lasagna. The investment will support Pact Labs’ development as a core infrastructure provider for USA₮ across payroll, earned wage access, […]

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