Drift Protocol secures $147.5M in funding, including $127.5M from Tether, to replace Circle stablecoin with USDT after a $270M exploit linked to North Korea
Drift Protocol secures $147.5M in funding, including $127.5M from Tether, to replace Circle stablecoin with USDT after a $270M exploit linked to North Korea
What to know: … Drift Protocol, the victim of a recent North Korean exploit, plans to relaunch with Tether's USDT as its settlement layer …
Tether, flush with cash, has been investing in diverse sectors ranging from sleep tech company Eight Sleep to humanoid robotics company Neura Robotics
Tether, flush with cash, has been investing in diverse sectors ranging from sleep tech company Eight Sleep to humanoid robotics company Neura Robotics
Beyond fintech and crypto startups, Tether has now backed a mattress-maker and a humanoid robotics specialist.
Sources: Neura Robotics, which is building cognitive, humanoid robots for logistics, is raising ~€1B in a funding round backed by Tether at a ~€4B valuation
Tether says it has frozen $4.2B of its crypto token over links to “illicit activity”, including $3.5B since 2023 and $61M linked to pig-butchering scams
Tether says it has frozen $4.2B of its crypto token over links to “illicit activity”, including $3.5B since 2023 and $61M linked to pig-butchering scams
El Salvador-based stablecoin issuer Tether said it has frozen about $4.2 billion of its crypto tokens over links to …
A look at Tether's global expansion, after it recently hit ~300 staff; sources describe Tether's internal focus on corporate structures and “profit and loss”
One of crypto's biggest players has grand plans to deploy its large profits — Tether has expanded …
Tether CEO Paolo Ardoino says Tether's target of raising $15B to $20B was a “misconception”; sources say Tether's advisers have floated raising as little as $5B
CEO Paolo Ardoino downplays the scale of $185bn stablecoin group's capital raise — Tether's chief executive …
Tether says it generated over $10B in net profits in 2025, down from $13B+ in 2024, and says it holds $193B in assets backing the $186B USDT in circulation
Partner offers — Quick Take — The stablecoin issuer now holds $193 billion in assets backing the $186 billion USDT in circulation, primarily in U.S. Treasuries.