Tether (USDT) News Today

Tether has launched tether.wallet, a user-friendly self-custodial digital wallet that simplifies transactions with readable identifiers and eliminates the need for separate network tokens for gas fees. Initially supporting USDT, XAU₮, and Bitcoin, the wallet aims to enhance accessibility for users.

Tether launched a self-custodial wallet called the "People's Wallet," focusing on financial inclusion and ease of use. It supports cryptocurrencies like USDT, Bitcoin, and XAUT, aiming to simplify transactions and remove intermediaries.

Tether has launched its self-custody digital wallet, “tether.wallet,” marking a major expansion to end users. The wallet streamlines the transfer process, allowing users to pay transaction fees directly with their assets, and emphasizes users’ complete control over their private keys. The product is designed to promote financial inclusion, especially for people who are not served by traditional financial systems.

A super political action committee affiliated with Tether filed paperwork with the U.S. Federal Election Commission showing that its first $300k expenditure went to Nxum Group, founded by Tether U.S. CEO Bo Hines, to buy campaign ads for Georgia Republican candidate Clay Fuller, raising questions about pay-to-play.

Paolo Ardoino, CEO of Tether, criticizes centralized AI and champions decentralization through the QVAC SDK, allowing local AI model deployment. This shift enhances data privacy and user control, positioning Tether at the convergence of blockchain and AI, challenging dominant tech firms.

Gate News message, on April 10, Tether CEO Paolo Ardoino posted that USDT’s adoption on Hyperliquid is rapidly increasing. Data shows that in less than three months, USDT has grown from having almost no share on Hyperliquid to accounting for the rest.

Tether’s QVAC team launched the QVAC SDK, which is an open-source, cross-platform AI development toolkit aimed at building the intelligent ecosystem of the future and supporting a wide range of devices. QVAC is seen as a next-generation intelligent framework with modular and infinitely extensible features to adapt to future development.

A CEX co-founder, Ben Delo, donated $5.4 million to the Reform UK party, and the donation took place before new UK regulations came into effect. Delo was previously fined $10 million for violating anti–money laundering compliance and received a pardon from Donald Trump. Reform UK positions itself as a pro-cryptocurrency political party and is currently facing a pause order on crypto donations. After relocating to the UK, Delo plans to be exempt from donation limits.

On-chain detective ZachXBT revealed that an anonymous source shared stolen data from North Korea’s internal payment servers, involving 390 accounts and encrypted transaction information. More than $3.5 million in funds vanished, and it is connected to a sanctioned company. ZachXBT has compiled a detailed organizational chart.

Gate News message. April 7, Tether CEO Paolo Ardoino said the team is developing a decentralized search engine called hypersearch. The product is built on a distributed hash table (DHT, a decentralized data storage technology) architecture.

Gate News message, on April 5, Tether is pushing investors to participate in a new round of financing at an estimated valuation of about $500 billion. If market demand does not meet expectations, the financing process may be delayed. It is reported that the company has been exploring financing plans since last year, but some investors are cautious about this valuation. If the financing is successful, Tether’s scale will exceed most U.S. banks, second only to JPMorgan Chase. Previously, Tether discussed raising about $15 billion to $20 billion through private placements, but those plans remain uncertain.

Cambodia’s National Assembly passed the “Anti-Technology Fraud Law” at the end of March, aiming to crack down on online scams and human trafficking. The law establishes dedicated offenses, with severe penalties and life imprisonment. The new law expands the scope of law enforcement, targeting acts such as “pig butchering” scams, and responds to international pressure to repair its image. The government has pledged to shut down illegal scam centers by the end of April.

An American court ruled to forfeit more than $600,000 in USDT, stemming from a physical letter phishing scam targeting Ledger users. After receiving the disguised letter, the victims leaked their seed phrases, and their funds were stolen. The scammers tried to conceal the funds through multiple transfers and conversion methods, but the transparency of the blockchain helped the police track the path of the fund movements. They then successfully recovered the funds through a civil forfeiture proceeding.

Federal prosecutors in Connecticut recovered more than $600,000 in tether ( USDT) after tracing stolen cryptocurrency from a phishing scam that used a physical letter to deceive a hardware wallet user. Connecticut Crypto Phishing Victim to Recover Funds Local media reported that the U.S.

Gate News message, according to Bloomberg, Tether is making a final push for fundraising at a $500 billion valuation. The stablecoin issuer is working to complete this funding round at the specified valuation level.