company

Tether

Tether is a stablecoin, a digital currency that aims to keep a stable value against the United States dollar. Tether Limited launched it in 2014. The token is represented by the currency codes USD₮ and USDT.

tether.io

Chief executive officer

Paolo Ardoino

Leadership

Paolo Ardoino, Chief executive officer. Paolo Ardoino is the chief executive officer of Tether, the company behind the USDT stablecoin.

Key facts

Launched: 2014, by Tether Limitedsource
Co-founders: Brock Pierce, Reeve Collins, and Craig Sellarssource
Headquarters (Tether Holdings Limited, as of January 2025): El Salvadorsource
Users worldwide (as of July 2024): more than 350 millionsource
Independent audit (August 2026): KPMG U.S. completed Tether International's first full independent audit, with an unqualified opinion under U.S. generally accepted accounting principlessource
Role: Stablecoin issuersource
Freeze: Froze more than 4.5 million USDT connected to the Mercado Bitcoin incidentsource
Statement: Its chief executive said in a post on X dated November 2, 2026, that the company had frozen the fundssource

WYDE coverage of Tether

WYDE Newsroom has published 21 articles about Tether, from Feb 28, 2026 to Nov 2, 2026. Tether is the subject of 18 stories and an investor in 3 stories. The most recent is Brazil's Mercado Bitcoin Halts Withdrawals as $40 Million Hack Estimate Stays Unconfirmed.

Crypto & DeFi

Brazil's Mercado Bitcoin Halts Withdrawals as $40 Million Hack Estimate Stays Unconfirmed

Brazil's largest crypto exchange paused deposits and withdrawals. The more than $40 million estimate across at least 10 blockchains remains unconfirmed. The halt came four days after the Binance theft, and Mercado Bitcoin has not linked the two incidents.

Nov 2, 2026 · 3 min read · Subject of the story

Crypto & DeFi

Binance Hack: Estimated $6.3 Billion Impact, About $3 Billion Frozen On-Chain

Binance says early findings point to a compromised engineer's laptop and that user funds are safe. Tether and Circle froze more than $2.3 billion in stablecoins, and the final amount stolen is not yet confirmed.

Oct 30, 2026 · 4 min read · Subject of the story

Creator Economy

Whop Series D Funding: $5.1 Billion Valuation, Backed by Sequoia and Shopify

Sequoia Capital and Shopify Ventures backed the round. The new valuation is 3.2 times the $1.6 billion set in February, when Tether invested.

Oct 24, 2026 · 3 min read · Subject of the story

WYDE Weekly

$1 Million Clipping Fund for Creators Who End Hunger

WYDE Weekly: a new $1 million clipping fund pays creators to end hunger, plus Ken Griffin's record $3 billion gift, three record health-system donations, and the regulators chasing crypto.

Oct 3, 2026 · 7 min read · Subject of the story

Crypto & DeFi

A Senate Report Calls Tether's USDT a Lifeline for Iran's Shadow Banking Network

Senate investigators found Iran moved an estimated $2 billion through Tether's USDT stablecoin, calling it a financial lifeline for the regime's shadow banking network and sanctions evasion.

Sep 29, 2026 · 2 min read · Subject of the story

Crypto & DeFi

Tether Says It Helped Freeze Nearly $550 Million in Iran-Linked USDT This Year

The stablecoin issuer said on September 28 that it worked with US authorities including OFAC to freeze about $550 million in Iran-linked USDT in 2026, part of more than $4.9 billion frozen worldwide.

Sep 28, 2026 · 2 min read · Subject of the story

Crypto & DeFi

The Justice Department Seizes $84 Million From a Tether-Linked Payments Firm

Federal prosecutors in California moved to seize $84 million from Capstone, a payments company they say ran as an unlicensed money transmitter and helped scammers turn stolen cash into stablecoins, with the complaint noting the firm processed payments tied to Tether and Bitfinex.

Sep 28, 2026 · 2 min read · Subject of the story

WYDE Weekly

Revolut and Block Cleared US Bank Charters, AI Proved Fermat and Navier-Stokes, and the CLARITY Act Hits the Senate Monday. Over 65,400 Meals.

Revolut and Block clear OCC bank paths, Wyoming puts its stablecoin reserves onchain, AI checks proofs of Fermat and Navier-Stokes, the CLARITY Act hits the Senate, and creators can now get paid to end hunger.

Sep 12, 2026 · 5 min read · Subject of the story

Crypto & DeFi

Tether and Fasanara Launch a $400 Million Stablecoin Fund for Small-Business Lending

Tether and Fasanara Capital seeded StableFund, a $400 million stablecoin private credit vehicle routing USDT rails into small-business and consumer lending across more than 60 countries.

Sep 10, 2026 · 2 min read · Subject of the story

Crypto & DeFi

Russia's Central Bank Proposes Letting Retail Investors Trade Bitcoin, Ethereum and USDT

A draft directive published Tuesday would cap non-qualified investors at 300,000 rubles a year through any single broker, clearing only three tokens for public exchange trading and leaving XRP off the list.

Aug 12, 2026 · 2 min read · Subject of the story

WYDE Weekly

Visa built stablecoin rails, Wyoming set a giving record, and the EAT Card hit the App Store. Over 60,000 meals.

WYDE Weekly: Visa's stablecoin platform, DTCC's first live tokenized trades, the Senate's unanimous no-pardon vote on SBF, WyoGives' record $6.46 million, Lilly's $100 billion endowment, and the EAT Card iOS launch.

Jul 18, 2026 · 6 min read · Subject of the story

Crypto & DeFi

Tether Freezes $131 Million After OFAC Sanctions Four Iran Central Bank Wallets

The US Treasury sanctioned four TRON wallets tied to the Central Bank of Iran and Tether froze $131 million in USDT, bringing total blocked Iranian central bank stablecoins to roughly $475 million

Jul 16, 2026 · 2 min read · Subject of the story

Crypto & DeFi

Stablecoin Volume Hit a Record $1.79 Trillion in June, Visa Data Shows

Visa's onchain analytics show adjusted stablecoin transaction volume hit a record $1.79 trillion in June 2026, up 63% in a month, with Circle's USDC at 70% of activity and Tether's USDT at 25%

Jul 6, 2026 · 2 min read · Subject of the story

WYDE Weekly

The rails went public, Wall Street rang the NYSE bell, and Swift and Kelce sent $26M to food banks. 60,000 meals.

WYDE Weekly: Securitize's NYSE debut, Open USD's 140 firms, a $400M Ponzi plea, a 53-million-egg food-bank settlement, and Taylor Swift and Travis Kelce's $26 million.

Jul 3, 2026 · 7 min read · Subject of the story

Crypto & DeFi

Tether Opens Its $23 Billion Gold Reserve to Loans Backed by Tokenized Bullion

Tether will let XAUT holders borrow against tokenized gold through crypto lender Ledn, putting its $23 billion bullion reserve to work as one-to-one loan collateral by late 2026.

Jun 28, 2026 · 2 min read · Subject of the story

Crypto & DeFi

Tether Leads $1.4 Billion NEURA Robotics Round as Robots Get Crypto Wallets

Stablecoin issuer Tether led NEURA Robotics' Series C of up to $1.4 billion, the largest full-stack robotics round ever, embedding crypto wallets into machines.

Jun 23, 2026 · 2 min read · Investor

WYDE Weekly

$381M verdict against Zuck. 90% SBA Financing for Food SMBs. $EAT at ATH. We signed our national partner.

Feed the Children signed, $EAT ATH, SBA financing for food infrastructure, tokenization, AI, hunger policy, and big tech accountability.

Mar 30, 2026 · 9 min read · Subject of the story

Crypto & DeFi

Tether Signs Big Four Firm to Complete Its First Full Audit

Tether signed a Big Four accounting firm to complete its first full audit, setting a new transparency standard for the $180 billion stablecoin market.

Mar 29, 2026 · 2 min read · Subject of the story

Crypto & DeFi