Tether confirms that on July 1, 2019, it received $100,000,000 in fiat as prepayment on the outstanding loan facility from Bitfinex in its bank account. Tether also confirms that it has received all interest accrued under the loan facility in fiat due to it up to the end of day on June 30, 2019.
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Tether Signs Big Four Firm to Complete First Full Audit, Setting a New Quality Standard for the Digital Asset Economy
24 March 2026 – Tether, the largest company in the digital asset industry, today announced that it has entered a formal engagement with a Big Four accounting firm to complete its first full independent financial statement audit, which is slated to be the biggest ever inaugural audit in the history of financial markets. At a […]
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Tether’s QVAC Launches World’s First Cross-Platform BitNet LoRA Framework to Enable Billion-Parameter AI Training and Inference on Consumer GPUs and Smartphones
17 March, 2026 – Tether today announced a breakthrough in AI model training with the launch of the world’s first cross-platform LoRA fine-tuning framework for Microsoft’s BitNet models (1-bit LLMs). This new capability, part of QVAC Fabric, dramatically reduces memory and compute requirements, enabling billion-parameter language models to be fine-tuned on everyday hardware, including laptops, […]
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Tether Names Zachary Lyons as CIO; Richard Heathcote Transitions to Advisory Role After Guiding Investment Expansion
Tether today announced a transition within its investment leadership. Chief Investment Officer Richard Heathcote, who has played a central role in shaping Tether’s investment strategy during a period of extraordinary growth, will be stepping back from his day-to-day responsibilities to focus on personal and family priorities. Richard has been one of the driving forces behind […]
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