Tether news Archives

Tether Secret Swiss Vault: The Billion Gold Reserve Behind The Stablecoin

Tether Secret Swiss Vault: The $8 Billion Gold Reserve Behind The Stablecoin

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Tether Holdings, the issuer of the market’s largest stablecoin, USDT, has revealed that it maintains a vault in Switzerland to safeguard an impressive $8 billion stockpile of gold. According to Bloomberg, the firm’s significant reserve of nearly 80 tons positions Tether as one of the largest gold holders globally, surpassed only by central banks and […]

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Celsius vs Tether lawsuit moves ahead in US court over billion Bitcoin sale

Celsius vs Tether lawsuit moves ahead in US court over $4 billion Bitcoin sale

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Celsius claims Tether’s 2022 Bitcoin sale broke contract terms. Over 39,500 BTC were liquidated at $20,656 average price. Claims include breach of contract and fraudulent transfer. Celsius Network’s efforts to hold Tether accountable for a $4 billion Bitcoin liquidation just cleared a major hurdle in US court. A bankruptcy judge has

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Tether plans new US dollar stablecoin as reserves near 0B amid Washington lobbying

Tether plans new US dollar stablecoin as reserves near $120B amid Washington lobbying

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Q1 2025 audit shows excess reserves down to $5.6 billion from $7 billion. Tether’s reserves are managed by Cantor Fitzgerald, raising scrutiny over potential conflicts. Competitor World Liberty Financial, backed by the Trump family, also plans to launch a stablecoin. Tether, the world’s largest stablecoin issuer by market capitalisation, is preparing to launch a US-based

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Flare (FLR) price soars as daily trading volume jumps 320%

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Flare price surged significantly on Monday, rising 14% amid a 320% spike in trading volume. The FLR token gained amid broader market upside, with Bitcoin above $95k Notably, FLR traded to highs of $0.019 amid a key integration of USDT0. Flare (FLR), a blockchain protocol focused on interoperability, has seen its price surge significantly today.

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Tether says XAUT stablecoin holds 7.7 tons of gold stored in Switzerland

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Tether’s XAUT token has appreciated alongside the rising price of gold amid increasing global economic uncertainty. Tether noted that XAUT hit a record high price of $3,423 last week, driven by the rally in gold prices. Gold prices have surged to historic highs in 2025, fueled by a combination of factors. Tether, issuer of the

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