The Business Times

Tether

Banking & Finance

Crypto giant Tether seeks US$500 billion valuation in major raise

Stablecoins have become crucial to the functioning of crypto markets, with about US$243 billion of them in circulation in May 2025.
Banking & Finance

Tether focuses elsewhere while US seeks to regulate stablecoins

“If the President of the US says this is top priority for the US, Big Four auditing firms will have to listen, so we are very happy with that,” said Paolo Ardoino, CEO of Tether.
Banking & Finance

Tether engages ‘Big Four’ firm for long-awaited reserve audit

Much of Tether’s earnings come from investing its reserves backing stablecoins into US Treasuries, gold and other securities.
Lifestyle

Tether says it bought a stake in Juventus Football Club

The rush to stablecoins will enhance the role of blockchain in payments on top of a slightly different product that major banks such as JPMorgan Chase have been exploring: deposit tokens.
Banking & Finance

Banks want in on Tether’s billions in stablecoin profits

Much of Tether’s earnings come from investing its reserves backing stablecoins into US Treasuries, gold and other securities.
Companies & Markets

Tether sees US$10 billion in net profits for 2024

Howard Lutnick is co-chair of President-elect Donald Trump’s transition team and Trump’s pick to run the Commerce Department.
Banking & Finance

Howard Lutnick’s Cantor in talks with Tether about US$2 billion Bitcoin lending project

Tether’s eponymous US dollar-pegged stablecoin (USDT) is designed to maintain a constant value of US$1 and is widely used in crypto-to-crypto trading.
Banking & Finance

Tether to launch stablecoin pegged to UAE’s dirham

FILE PHOTO: Smartphone with Tether logo is placed on displayed U.S. dollars in this illustration taken, May 12, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
Banking & Finance

Tether announces a new synthetic dollar that is backed by gold

Tether's investment plan highlights the growing financial clout and ambition of the issuer of the world’s largest stablecoin, a type of cryptocurrency designed to track a real-world asset one-to-one.
Banking & Finance

Tether to invest more than US$1 billion in deals over next year

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