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.
At Tether, we remain dedicated to fostering a robust and innovative blockchain ecosystem for all Tether tokens we issue. To fulfill this commitment, we are continuously assessing our stablecoin offerings, ensuring a balance between maintainability and usage while prioritizing community interest. Community interest is central in our decision-making process for deploying Tether tokens. When evaluating […]
November 18, 2024 — Tether, the largest company in the digital asset industry, is announcing its upcoming investment in Quantoz Payments to support the launch of EURQ and USDQ euro and US dollar-referenced E-Money Tokens (EMTs) respectively, designed to be MiCAR-compliant. These stablecoins represent a significant milestone in advancing grassroots-regulated digital asset solutions in Europe. […]
Tether’s New User-Friendly Platform Will Allow the Tokenization of Anything 14 November 2024 – Tether, the largest company in the digital asset industry, today announced the launch of Hadron by Tether, a platform designed to simplify the tokenization of everything from stocks to bonds, stablecoins, loyalty points, and more. Hadron by Tether encompasses all the […]
