Major gold holder's stockpile hits nearly $20 billion

A new attestation of the firm shows the amount of gold it boasts.
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Tether has pulled back from its original $15 billion to $20 billion fundraising plan

Tether has walked away from plans to raise up to $20 billion after top investors said no to the company’s $500 billion valuation. The crypto giant, based in El Salvador, had started talks last year to ...

Tether’s Gold Hoard Nears $20 Billion as Buying Spree Continues

Tether Holdings SA bought more than six tons of gold for its reserves in the first three months of the year, extending a ...
CoinDesk

Tether scales back $20 billion funding ambitions after investor resistance: FT

Tether has quietly pulled back from plans to raise as much as $20 billion in fresh capital after facing investor resistance to a proposed valuation that would rank the stablecoin issuer among the ...
Gizmodo

Tether, the World’s Biggest Stablecoin, Is Finally Getting Its First Full Audit

After more than a decade of accusations, the company claims it will submit to a legitimate review of its finances. Reading time 3 minutes Tether, the issuer of the $184 billion USDT stablecoin, has ...
The New York Times

Tether Was Accused of Fraud. Now It’s a Crypto Darling in Washington.

The prime example is Tether, a firm that regulators once targeted. Its chief executive recently hobnobbed in Washington with lawmakers and lobbyists. Credit...Illustration by Zak Bickel/The New York ...