Print
Tether Banking Relationship Announced

Tether Limited is pleased to confirm that it has established a banking relationship with Deltec Bank & Trust Limited (“Deltec”), a 72-year-old financial institution with headquarters in the Commonwealth of The Bahamas.

The acceptance of Tether Limited as a client of Deltec came after their due diligence review of our company. This included, notably, an analysis of our compliance processes, policies and procedures; a full background check of the shareholders, ultimate beneficiaries and officers of our company; and assessments of our ability to maintain the USD-peg at any moment and our treasury management policies. This process of due diligence, was conducted over a period of several months and garnered positive results, which led to the opening of our bank account with this institution. Deltec reviews our company on an ongoing basis.

Tether Limited is registered with the Financial Crimes Enforcement Network of the US Department of the Treasury and maintains the highest standards of AML/CFT procedures. USDT in the market are fully backed by US dollars that are safely deposited in our bank accounts.

Letter from Deltec Bank & Trust Limited dated November 1, 2018

latest news

Tether to Wind Down USD₮ Support for Five Legacy Blockchains as Part of Strategic Infrastructure Review

Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand Support to Cease on September 1, 2025 11 July, 2025 — Tether, the largest company in the digital asset ecosystem, today announced an update on its plan to discontinue USD₮ redemptions and freeze remaining tokens on five legacy blockchains — Omni Layer, Bitcoin Cash SLP, Kusama, EOS, […]

Learn more
Tether Announces Strategic Investment in Crystal Intelligence, Strengthening Blockchain Forensics and Efforts to Combat Illicit Stablecoin Activity

8 July 2025 – Tether, the largest company in the digital asset industry, has made a strategic investment in Crystal Intelligence, a leading blockchain analytics firm providing advanced risk monitoring, fraud detection, and regulatory intelligence solutions. The investment represents another component of Tether’s coordinated efforts to combat illicit stablecoin use by supporting law enforcement and […]

Learn more
Tether and Adecoagro To Power Bitcoin Mining With Renewable Energy In Brazil

3 July 2025 – Tether Holdings (“Tether”), the largest company in the digital asset industry and Adecoagro S.A. (NYSE: AGRO) (“Adecoagro” or the “Company”), a leading sustainable production company in South America, today announced that they have signed a Memorandum of Understanding (MoU) to explore a strategic collaboration focused on bitcoin mining. As the world […]

Learn more
Read all news