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Tether USDt

USDT is the largest stablecoin by market cap, issued by Tether and pegged 1:1 to the US dollar; widely used for crypto trading and payments.

Known aliases

  • USD₮
  • USDT

Current stories

investOne report1 publisher

Global Ledger traces 90.9% of flagged exchange inflows to 10 of 99 venues

Global Ledger counts $187.75 billion of high-risk exposure across 99 crypto exchanges from 2021 to 2025, in a report shared with crypto.news. Measured as a share of deposits, the ten biggest venues differ widely.

Publishers:crypto.news

Reality

Evidence50
Adoption
Not scored
Hype gap+10
Incentives
Not scored
Confidence55
investConfirmed5 publishers

EBA will directly supervise USDC from November 12 after classing it a significant e-money token

EBA has classified Circle's USDC as a significant e-money token under MiCA, with joint EBA and ACPR supervision from November 12. The EBA takes direct responsibility for Circle's own funds, reserves, liquidity and redemption plans.

Perspective Coverage

5 publishers
Builder
Builder 22%
Operator
Operator 47%
Investor
Investor 31%

Reality

Evidence82
Adoption
Not scored
Hype gap+8
Incentives30
Confidence80
investOne report1 publisher

CryptoQuant rates ETH neutral after $345 million of Binance longs were liquidated

CryptoQuant says about $345 million of Binance ETH longs were liquidated on Oct 8-9, with funding rates near zero. It still rates conditions neutral because Binance USDT reserves fell 2.3% and the Coinbase Premium is not yet rising.

Reality

Evidence50
Adoption
Not scored
Hype gap−5
Incentives
Not scored
Confidence55
investConfirmed5 publishers

Bank of Russia gives peer-to-peer crypto trading until July 1, 2027

Russia's central bank says its digital currency law bars transfers to non-custodial wallets and allows peer-to-peer crypto trades only until July 1, 2027. Licensed intermediaries, Sberbank among them, will handle everything after that.

Perspective Coverage

5 publishers
Builder
Builder 21%
Operator
Operator 42%
Investor
Investor 37%

Reality

Evidence72
Adoption20
Hype gap+35
Incentives60
Confidence74
investConfirmed6 publishers

Qivalis, backed by 37 banks, wins a Dutch e-money licence for its euro token

Qivalis, a consortium backed by 37 European banks, received a Dutch e-money institution licence and plans to issue a euro stablecoin in the coming months. It must still publish a MiCA white paper before it can issue.

Perspective Coverage

6 publishers
Builder
Builder 22%
Operator
Operator 46%
Investor
Investor 32%

Reality

Evidence72
Adoption3
Hype gap+10
Incentives60
Confidence75
investConfirmed2 publishers

A7 will settle foreign invoices in USDT for 0.3%, 11 days after US sanctions hit its network

Russia's A7 will settle foreign invoices in USDT for a flat 0.3% fee, with recipients paid by SWIFT, 11 days after US sanctions on its network. It is aimed at businesses in international trade, the segment where US authorities say the network moved restricted payments.

Reality

Evidence40
Adoption
Not scored
Hype gap+30
Incentives75
Confidence55
investOne report1 publisher

Binance's ether futures book grew 2.27% in coins during a price drop that cut its dollar value 6.58%

Binance's ETHUSDT open interest rose 2.27% in ether from Oct. 6 to Oct. 8 while its USDT value fell 6.58%, CryptoSlate reported. Ether's implied per-coin valuation fell almost twice as far as bitcoin's, so its book lost more dollar value while holding more coins.

Publishers:cryptoslate.com

Reality

Evidence70
Adoption
Not scored
Hype gap+8
Incentives
Not scored
Confidence65
investOne report1 publisher

Visa and Mastercard co-own a stablecoin that hands most of its reserve income to partners

Visa and Mastercard took equal stakes with Coinbase, Stripe and Shopify in OUSD, a stablecoin the five founders back with over $1 billion. Its zero fees cover minting and redemption only, and the networks also back rival stablecoins, so the stake is one bet among several.

Reality

Evidence40
Adoption30
Hype gap+20
Incentives60
Confidence35
investConfirmed6 publishers

US government sends $1 billion of seized Bitfinex bitcoin to unlabeled wallets

Wallets tied to the US government moved 12,267 seized Bitfinex bitcoin, worth about $1 billion, to new unlabeled addresses. No exchange deposit was recorded, CoinDesk reported. Whether Washington is selling turns on the smaller sums it sent to Coinbase Prime.

Perspective Coverage

6 publishers
Builder
Builder 5%
Operator
Operator 27%
Investor
Investor 68%

Reality

Evidence60
Adoption
Not scored
Hype gap+10
Incentives
Not scored
Confidence55
investConfirmed2 publishers

US government's $470 million Coinbase transfer tests the exceptions in the bitcoin reserve order

US government wallets moved about $470 million of seized Bitfinex- and Alameda-linked crypto to likely Coinbase Prime addresses, Arkham said. Trump's reserve order lets officials repay victims from seized coins, so even a sale of this pool would say little about the pledge to keep reserve bitcoin.

Reality

Evidence55
Adoption
Not scored
Hype gap+15
Incentives
Not scored
Confidence55
investOne report1 publisher

Senate report naming tether as Iran's liquidity rail raises sanctions risk for Gulf crypto firms

US Senate investigators have named tether a key source of liquidity for Iran's shadow banking network in a new subcommittee report. A Septten lawyer says Gulf merchants paid in local currency stay exposed, though licensed exchanges carry most of the screening work.

Publishers:news.bitcoin.com

Reality

Evidence38
Adoption
Not scored
Hype gap+15
Incentives
Not scored
Confidence35
investOne report1 publisher

Bitcoin traders add about $800 million of new futures positions before US payrolls

Bitcoin open interest rose $1.5 billion to $22.4 billion as the price climbed 3.4% past $86,000 before a US jobs report forecast at 90,000. Funding costs show the leverage plainly, but the claim that traders are leaving stablecoins rests on a market-share figure that any rally pushes down.

Publishers:coindesk.com

Reality

Evidence50
Adoption
Not scored
Hype gap+20
Incentives35
Confidence55
investConfirmed2 publishers

Bitget customers withdrew $463 million in 24 hours, more than the $388 million hack took

Bitget customers pulled about $463 million in the first 24 hours after withdrawals reopened, more than the $388 million hackers stole on September 24. The protection fund covers the theft with about $76 million to spare, so the withdrawals now test whether the $5.7 billion left in reserves matches what Bitget owes customers.

Reality

Evidence60
Adoption
Not scored
Hype gap+12
Incentives58
Confidence58
investConfirmed4 publishers

A five-year price history rule now decides what Sber can lend against

Sber says it will take USDT and Ether as loan collateral once the Bank of Russia permits public trading, which means the menu is set by the listing tests the central bank published on 11 August, not by the bank's appetite.

Perspective Coverage

4 publishers
Builder
Builder 9%
Operator
Operator 45%
Investor
Investor 46%

Reality

Evidence62
Adoption18
Hype gap+25
Incentives50
Confidence64
investOne report1 publisher

Korea's finance nominee puts next year's crypto tax rules in a tax office notice

Lee Hyoung-il told the National Assembly that virtual assets belong in the other-income category and that the National Tax Service will publish the operative rules by the end of this year, while capital gains taxation of securities waits for calmer markets.

Publishers:en.sedaily.com

Reality

Evidence58
Adoption
Not scored
Hype gap+5
Incentives50
Confidence60
investConfirmed14 publishers

Tether added nearly twice as many dollars as USDC on Binance since Circle started paying

Binance bought $100 million of Circle stock and signed to promote USDC through September 2031. Customer USDC balances on the exchange are up fivefold at $7.13 billion; the USDT balance is up $10.9 billion.

Perspective Coverage

14 publishers
Builder
Builder 12%
Operator
Operator 42%
Investor
Investor 46%

Reality

Evidence76
Adoption58
Hype gap+22
Incentives82
Confidence72
investOne report1 publisher

Russia's finance ministry puts 20 million crypto owners at about $2,200 apiece

Ivan Chebeskov's 3.7 trillion ruble estimate covers coins and products linked to them, and the same ministry says at least 10 million wallets belonging to Russian citizens sit on foreign exchanges it wants back.

Reality

Evidence38
Adoption30
Hype gap+30
Incentives72
Confidence46

Earlier coverage

  1. Idle tankers added about $70 million to Orlen's $330 million of vanished prepayments

    Invest · September 14, 2026 · Confirmed2 publishers

  2. Revolut's euro stablecoin is real money on someone else's licence

    Invest · August 26, 2026 · Confirmed4 publishers

  3. Two years of stablecoin plumbing, and 0.2% of euro area online sellers take crypto

    Invest · August 16, 2026 · Confirmed2 publishers