
Tether Unveils USAT Stablecoin for US Market Under Former White House Crypto Czar Bo Hines
Tether introduces USAT, a new US-compliant stablecoin under Bo Hines’ leadership, designed to strengthen America’s position in the global digital economy.
Bitfinex entered into partnership with a token backed fiat currency system, dubbed Tether.
Tether introduces USAT, a new US-compliant stablecoin under Bo Hines’ leadership, designed to strengthen America’s position in the global digital economy.
Tether has created $2 billion USDT on Ethereum for inventory replenishment, marking the company’s largest single mint since December 2024 during another market downturn.
Tether plans to launch USDT on Bitcoin’s RGB protocol, allowing users to transact directly on Bitcoin network and hold both currencies in one wallet.
Tether hires former Trump crypto official Bo Hines as strategic advisor just two weeks after his resignation, in a major step towards US expansion.
Tether International achieved unprecedented Q2 2025 profits of $4.9 billion while expanding USDT circulation to over $157 billion. The milestone reflects growing global trust and US regulatory support for stablecoin infrastructure.
Tether is finalizing its return to the US market following the GENIUS Act passage, with CEO Paolo Ardoino confirming institutional payment focus during Bloomberg interview.
As US President Trump signed the GENIUS Act into law on Friday, Tether announced plans to bring its USDT stablecoin into the U.S. via the foreign issuer pathway.
Tether’s USDt reached a historic $160 billion market capitalization on July 17, marking a significant milestone for the world’s largest stablecoin. However, pending US legislation could challenge its market position through new regulatory requirements.
XRP has gained 30% over the past week, thereby becoming the third-largest crypto after Tether, and the second on Coinbase in trading volume after Bitcoin.
Tether has decided to suspend USDT redemption on five blockchains. This includes Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand.
A U.S. judge has dismissed Tether’s attempt to stop Celsius Network from proceeding with its $4 billion Bitcoin lawsuit.
The market correction arrived, but PancakeSwap users rushed in to participate in the AB token rally, triggering a massive surge in trading volume.
Arthur Hayes warns that the post-Circle IPO stablecoin boom could trigger a speculative bubble, with most new entrants likely to fail.
Tether has acquired a major stake in Elemental Altus, a publicly listed gold-focused royalty company based in Canada to boost its diversification agenda.
A billion dollars in Tether (USDT) were minted at Tether Treasury as Bitcoin price moved past the $106,000 price mark.