Tether Fights Back Against WSJ’s Accusations of Forged Bank Documents

2 mins read

Tether, the company behind the stablecoin USDT, has hit back against a recent report from The Wall Street Journal (WSJ) alleging that it had ties to entities that falsified documents to maintain access to banking services. In the March 3 report, the WSJ claimed that leaked documents and emails showed that Tether and its sister exchange Bitfinex had hidden behind third parties and fabricated transactions to open bank accounts. Tether

Tether Takes Action Against Child Abuse Content Platforms

1 min read

Tether and INHOPE have joined forces to increase the visibility and control of cryptocurrency payments used to finance child abuse content marketplaces. Through this collaboration, the two organizations are looking to develop a standard practice for the cryptocurrency industry to identify and report illicit marketplaces. Furthermore, Tether is working with law enforcement, financial intelligence units, lawmakers, and standard-setting bodies in order to gain a better understanding of how to identify

Tether USDT is available in over 24,000 ATMs in Brazil

1 min read

Tether, a stablecoin issuer, has announced that SmartPay would increase the Brazilian population’s access to the popular USDT stablecoin by making it available at over 24,000 ATMs across the South American country. “The obstacles and constraints imposed by inflation and a less-than-inclusive banking system have prevented many Brazilians from participating in the country’s developing economy,” said Paolo Ardoino, CTO of Tether in a statement. The executive said, “Adding tether tokens