THORchain executives accuse Tether of temporarily hoarding USDT vaults

THORchain executives accuse Tether of temporarily hoarding USDT vaults

Chad Barraford, the network’s technical co-founder, said the funds were frozen and then unfrozen without explanation. THORchain technical co-founder Chad Barraford accused stablecoin issuer Tether of blacklisting the network’s USDt (USDT) vaults without explanation, then unfreezing them hours later. A Friday at X Post, Barraford said Tether that blacklisted THORchain vault addresses, accumulated around 1.45 … Read more

Kazakhstan Tether Deal Tenge Stablecoin Ice

Kazakhstan Tether Deal Tenge Stablecoin Ice

Tether has signed an agreement with Kazakhstan’s central bank and Alatau city authorities to explore a Teng-pegged stablecoin and tokenization of real-world assets. Under the memorandum of understanding, the parties will study international stablecoin issuance models, identify potential use cases and develop a proposal for a Tenge-backed stablecoin pilot, according to Tether. D contract It … Read more

Conduit sued Tether for allegedly freezing $2.8M without explanation

Conduit sued Tether for allegedly freezing .8M without explanation

The lawsuit alleges that Tether deposited USDt funds into a conduit wallet linked to an investigation launched by Brazilian authorities in 2024. Cross-border payments platform Conduit Technology has alleged that stablecoin issuer Tether has frozen $2.76 million of USDt (USDT) in September 2025 without explanation. In a complaint filed Monday in the U.S. District Court … Read more

Tether says it helped deposit $550M in Iran-linked USDT

Tether says it helped deposit 0M in Iran-linked USDT

Stablecoin issuer Tether said it helped authorities freeze about $550 million in Iran-linked USDT in 2026, as Senate Democrats called for an investigation into the stablecoin issuer on Monday. The company gave this information in a statement on Monday said It has been working closely with international law enforcement agencies for years. This year alone, … Read more

Tether said it had ‘limited’ exposure to banks linked to the $84M US dollar seizure

Tether said it had ‘limited’ exposure to banks linked to the M US dollar seizure

US prosecutors allege that a payments business illegally transferred millions of dollars at the behest of EQIBank, where Tether holds some of the assets. Stablecoin issuer Tether said it had limited exposure through assets held by a bank that instructed a payments company to transfer millions of dollars on its behalf. In response to reports … Read more