Tether

Tether

2026-09-26 21:22:41

Trump administration weighs offshore stablecoin plan as Tether reports $114.96 billion in Treasuries

People familiar with the matter say the Trump administration is considering an offshore stablecoin initiative that could be structured as a joint venture with private companies. The proposal may involve the U.S. Treasury Department, the State Department, and the U.S. International Development Finance Corporation, or DFC. The stated aim is to expand the use of the U.S. dollar and support demand for U.S. Treasuries. Separately, Tether’s latest reserve report said that as of June 30, the company directly held $114.96 billion in U.S. Treasuries. Its total reserve assets stood at $187.75 billion, exceeding liabilities by $4.11 billion. The plan has not established any partnership with Tether, and it has not become a formally operating project.

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Trump

2026-09-26 21:23:47

Trump administration said to be weighing overseas stablecoin plan

The Trump administration is considering an overseas stablecoin initiative that could be structured as a joint venture with private companies, according to ChainCatcher, citing a person familiar with the matter. The report said the U.S. Treasury, the State Department, and the U.S. International Development Finance Corporation, or DFC, could all be involved. The stated aim would be to expand the use of the U.S. dollar and support demand for U.S. Treasuries. The report also referenced Tether’s latest reserves disclosure. As of June 30, Tether directly held $114.96 billion in U.S. Treasuries, with total reserve assets of $187.75 billion and assets exceeding liabilities by $4.11 billion. Even so, the reported government plan has not established any cooperation with Tether and has not become a formal operating project.

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Pump.fun

2026-09-26 15:10:04

Pump.fun tops Hyperliquid in 24-hour protocol revenue, DefiLlama data shows

Pump.fun generated $1.96 million in protocol revenue over the past 24 hours, edging past Hyperliquid’s $1.86 million, according to data cited by BlockBeats from DefiLlama on Sept. 26. The figures place Pump.fun behind only Tether and Circle in the same revenue ranking. Tether led the list with $17.55 million in 24-hour revenue, while Circle posted $7.35 million. The update was published as a brief market data item and did not include additional commentary beyond the revenue figures and ranking.

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Tether

2026-09-26 09:34:09

Tether adds self-custody wallet tools for AI agents with MCP control

Tether has expanded its wallet development kit with a command-line wallet and an MCP interface designed for AI agents. The company said the same local wallet daemon can be controlled either by a user through a terminal or by compatible AI software through the Model Context Protocol. The release is currently in beta, and Tether said it recommends testing with limited funds only. Tether framed the update around agentic payments, saying software in automated workflows could pay for services, move funds, or interact with financial protocols. Beyond the new tools, Tether’s broader WDK stack includes modular support for gasless transactions, swaps, cross-chain bridges, lending, and fiat on- and off-ramps, widening the set of actions that software agents could potentially initiate.

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Tether

2026-09-25 21:25:35

US Prosecutors Seek to Keep $84.2 Million Linked to Accounts Used for Tether Payments

The U.S. Department of Justice is trying to retain $84.2 million that prosecutors say moved through accounts used to process payments for Tether, according to a civil forfeiture complaint filed July 15 in the Eastern District of California. The case targets Montana-based payments firm Capstone Ltd., which the government says operated as an unlicensed money transmitter in at least six states while presenting itself to banks as a standard IT services company. The complaint names Capstone owners Kotaro Shimogori and Mary Jeanne Thompson, and the FBI executed a search warrant at a Sacramento residence. Most of the funds, $79.11 million, came from a Wells Fargo Securities account in Capstone’s name, with additional amounts held at JPMorgan Chase, another Wells Fargo account, and two wallets containing USDT. Prosecutors say EQIBank, a digital bank licensed in Dominica, directed how Capstone moved the money. Tether told Reuters that EQIBank handled transfers tied to USDT purchases and redemptions, while saying it had no knowledge of the conduct alleged by the Justice Department. Capstone and EQIBank have already filed an innocent-owner defense, and claimants have 21 days to answer the complaint after a formal claim is filed in court under Supplemental Rule G.

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Tether

2026-09-25 20:37:31

Paolo Ardoino says Tether will donate $50 million in USDT to Ukraine

Tether Chief Executive Officer Paolo Ardoino said in a post on X that the company will donate $50 million in USDT to Ukraine. According to the post, the funds are intended to support Ukraine’s defense efforts and humanitarian aid. Ardoino also reposted a message from Alexander Bornyakov, Ukraine’s deputy minister of digital transformation, and added a brief reply confirming the donation. The update comes after Ukrainian officials had previously called on the crypto community for support. The statement was shared through Ardoino’s X account, cited in the Techub News report.

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Tether

2026-09-25 18:56:53

Tether says exposure to EQIBank tied to US seizure case was limited

Tether said its exposure to EQIBank, a bank named in a US civil forfeiture complaint, was small relative to the company’s overall balance sheet. The stablecoin issuer told Cointelegraph it had "no knowledge" of the conduct alleged by US authorities and said the assets it held at EQIBank accounted for just 0.034% of the group’s total assets. The case centers on Capstone, a Montana-based payments business named in a Department of Justice complaint. US prosecutors alleged the company illegally moved hundreds of millions of dollars under the direction of EQIBank. About $84 million in Capstone accounts was reportedly frozen as part of the action. The Financial Times, citing Justice Department officials, said Capstone was unlicensed and made payments to hundreds of individuals and entities on behalf of Tether and Bitfinex. Tether did not answer a question about whether the seizure could affect customers. As of Friday, USDT had a market capitalization of about $184 billion.

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Bitget

2026-09-25 18:42:51

Circle and Tether Freeze Stablecoins Linked to Bitget Hack, but Most of the Funds Had Already Moved

Circle and Tether have frozen a wallet tied to the Bitget exchange hack, locking roughly $318,000 in stablecoins after blacklisting an address labeled "Bitget Exploiter 8" on Etherscan. Circle acted first at 05:00 UTC on Friday through USDC’s built-in contract freeze function, and Tether added the same address to USDT’s blacklist about seven hours later through a multisig transaction. The combined action immobilized about 99,990 USDC and 218,023 USDT. The wallet still held around 170 ETH, which was not affected. That detail highlights the limit of issuer-led freezes: stablecoin companies can block their own tokens, but they cannot freeze Ethereum itself. Blockchain trackers say other addresses linked to the exploiter still control more than 63,000 ETH, far beyond the reach of any stablecoin issuer. Bitget CEO Gracy Chen said the attackers breached a backend system in the exchange’s wallet infrastructure and spoofed transaction data to trigger unauthorized transfers, while ruling out a private-key compromise. Bitget has said losses will be covered by a user protection fund holding more than $464 million. The incident has also revived debate over how much centralized control stablecoin issuers retain over assets that trade in markets often described as permissionless.

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