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’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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Tether Announces Strategic Investment in Ark Labs, Reintroducing Stablecoins to Programmable Bitcoin Infrastructure
12 March 2026 – Tether Investments today announced a strategic investment in Ark Labs, the team behind Arkade, the programmable Bitcoin infrastructure, to expand global stablecoin access on the largest and most liquid network. This investment was part of a $5.2 million funding round, reinforcing Tether’s integral role and ongoing expansion into the Bitcoin ecosystem. […]
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