Tether Posts $1.5 Billion Q2 Profit as USDT Supply Expands and Gold Holdings Climb
Stablecoin issuer reports strong earnings from U.S. Treasury holdings, a $4.11 billion reserve surplus, and rising circulation even as the broader market contracts
Newsroom
Latest updates, press releases, and insights from the volatile world of digital assets.
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Tether’s Gold-Backed XAUt Token Secures Shariah Certification
Tether’s XAUt, fully backed by physical gold in Swiss vaults, gains formal Shariah approval to broaden access for Islamic finance institutions and investors
- News
JCB Teams with Circle on USDC Pilot for Cross-Border and Merchant Payments
JCB, Japan’s leading card network, has signed a memorandum of understanding with Circle to test USDC stablecoin applications. The effort starts with internal treasury transfers and extends to retail payments at stores serving international visitors
- News
Bull Bitcoin Challenges France's DAC8 Crypto Rules in Court
Bull Bitcoin has filed a petition with France’s Conseil d’État to annul the national decree implementing the EU’s DAC8 directive, citing risks to user privacy and physical safety from mandatory data reporting and sharing
- News
Tether Mobilizes $23 Billion Gold Reserves with Bullion-Backed Loans
Tether and Ledn have partnered to let holders of tokenized gold XAUT borrow against their holdings later in 2026, providing liquidity while keeping physical bullion exposure intact. The move taps into Tether’s substantial gold stockpile and expands options in crypto credit markets
- News
Pudgy Penguins Expands Retail Footprint with Target Trading Card Rollout
Pudgy Penguins has launched Vibes Series 3 trading cards in Target stores nationwide, marking its largest retail expansion yet and pushing its NFT-based brand further into mainstream consumer markets
- News
Tether Shuts Down Gold-Backed aUSDT Stablecoin and Alloy Platform
Tether is winding down its Alloy platform and aUSDT, a gold-collateralized synthetic dollar, citing low demand. Users have until September 17, 2026 to redeem tokens for underlying XAUT collateral as the company redirects resources to higher-demand products like XAUT
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Tether Launches Gold-Backed Visa Card with Fasset
Tether and Fasset have introduced a Visa card that lets users spend tokenized gold in everyday transactions while earning up to 6% cashback in XAUT. The card converts XAUT holdings to fiat at point of sale and includes automatic round-ups that invest spare change back into gold
- News
Tennessee Trio Indicted on Kidnapping Charges in Violent California Crypto Robbery Spree
Three men face life in prison after allegedly posing as delivery workers to target crypto holders across the Bay Area and Los Angeles
- News
Ray Dalio Challenges Bitcoin’s Safe-Haven Credentials as Gold Retains Edge
Legendary hedge fund manager Ray Dalio has once again questioned Bitcoin’s viability as a dependable safe-haven asset, highlighting its transparency issues, volatility, and correlation with risk assets while reaffirming gold’s enduring role in global finance
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