Stablecoin Ratio Hits Two-Year Low, Tether and Circle Mint $7B
The stablecoin-to-Bitcoin ratio on Binance hit a two-year low as Tether and Circle minted $7 billion in new tokens.
Bitfinex entered into partnership with a token backed fiat currency system, dubbed Tether.
The stablecoin-to-Bitcoin ratio on Binance hit a two-year low as Tether and Circle minted $7 billion in new tokens.
Tether announced it has surpassed 500 million verified users worldwide, significantly ahead of competitor Circle’s 87 million USDC users.
Tether has once again shown its support for Bitcoin by donating $250,000 to OpenSats, a 501(c)(3) public charity that offers funds to contributors and projects that strengthen Bitcoin.
USDT0 debuts tokenized gold on Solana as RWA assets surge 35% to $686M, but SOL price remains pressured by potential Alameda liquidations and broader market weakness.
Tether will launch its fully open-source Wallet Development Kit (WDK) this week, featuring starter wallets for iOS and Android.
Tether’s gold-backed token, XAUt, has officially surpassed $1 billion in market value, driven by gold reaching an all-time high price.
Stablecoin market capitalization has recently surpassed $300 billion for the first time in history. Tether holds about 58% market share.
Tether’s stablecoin USDT, as per Bitwise’s Matt Hougan, could surpass Saudi Aramco to become the most profitable company in history.
Tether-backed blockchain Plasma unveiled Plasma One, a stablecoin-native neobank and card system offering 10%+ yields and 4% cashback across 150 countries.
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.