Gabor Gurbacs, the head of digital asset strategy at global asset management company VanEck, stated on social media platform X that Tether's contribution to the US dollar is greater than any other big-name cryptocurrency platform in the United States, and Tether is one of the largest buyers of US government bonds internationally. Tether provides USDT to people in emerging markets who need it, and Tether deserves more trust.

Tether, the firm behind stablecoin USDT, has made a strategic investment in German crypto miner Northern Data Group to support emerging technology, including artificial intelligence, peer-to-peer communications, and data storage solutions. The exact amount of the investment has not been disclosed, but Tether denies Forbes' report of a $420 million investment. <br>

According to PeckShield monitoring, address 0x2175...f7D9 was defrauded of 4.46 million USDT. Victim address: 0x2175c0082d052872501f7fe54e1aC59858aaf7D9; scammer address: 0xAbb07822F471773Ff00b9444308ceEB7cf0dACa7.

Paolo Ardoino, the CTO of Tether and Bitfinex, will testify in a class-action lawsuit this week. The lawsuit, filed in 2019 by LeboBTC co-founder Jason Leibowitz, alleges financial misconduct against both firms and seeks over $1.4 trillion in damages.

On September 9th, the outflow of USDT trading platforms (7-day moving average) reached 18.06 million coins, hitting a new low in 8 months.

September 5th, Tether's Chief Technology Officer Paolo Ardoino posted on social media that Tether currently holds 72.5 billion US dollars of US Treasury bonds, surpassing countries such as the United Arab Emirates, Mexico, Australia, and Spain, and becoming the 22nd largest holder in the world.

According to Lookonchain monitoring, a certain whale deposited 36 million USDT into Binance and then transferred out 9,819 ETH worth 15.9 million US dollars.

September 5th, according to on-chain information, a whale starting with 0xB154 transferred 36 million USDT to Binance 7 minutes ago.

September 4th, @EmberCN reported that a whale with an address starting with 0x362 exchanged 11,200 ETH (approximately $18.36 million) for 9839 wstETH, then mortgaged the wstETH to borrow 10 million USDT. They then used the 10 million USDT to purchase 6081 stETH at an average price of $1644.

According to Chainalysis by Yu Jin, 5 days ago, leveraged long ETH was done through an address starting with 0x8b9. 40 minutes ago, leveraged long ETH was continued through another address (starting with 0x362): 11,200 ETH ($18.36 million) was exchanged for 9,839 wstETH, which was then mortgaged to borrow 10 million USDT. The 10 million USDT was used to buy 6,081 stETH at an average price of $1,644.

Stablecoin issuer Tether has partnered with Bahamas private bank Britannia Bank &amp; Trust to handle US dollar transfers. Insiders say that although it is unclear when the banking relationship began, Tether has instructed clients to transfer funds to Britannia's bank account in recent months. The total circulation value of Tether stablecoins has grown by about 24% this year, reaching $82 billion. <br>

Data analyst Yu Jin reported that a whale used leverage to go long on ETH about 3 hours ago: the whale first exchanged 11,000 ETH ($18.18 million) for 9,671 wstETH, then used the wstETH as collateral to borrow 5.5 million USDT + 170 WBTC ($4.44 million). The borrowed USDT and WBTC were then used to buy 5,256 wstETH ($9.9 million). Currently, the whale holds 14,948 wstETH ($28.12 million, 17,014 ETH), with the liquidation price of the ETH collateral being $800. In addition, the whale was also one of the drivers behind the LINK price increase on July 20th.

On August 28th, according to DeTrust, a risk data platform under Bitrace, more than 115 billion USDT flowed into some Southeast Asian-related platform addresses in 2022, including 37.16 billion gambling funds and 69.78 billion money laundering funds. There were less than 460 million USDT involved in fraudulent USDT. In the same year, there were also more than 14.64 billion USDT involved in black USDT, which directly or indirectly flowed into centralized trading platforms from known Southeast Asian entity-related addresses. This includes 7.71 billion USDT in gambling funds, 4.86 billion USDT in money laundering funds, 1.88 billion USDT in other illegal activity funds, and a small amount of fraudulent funds of 190 million USDT.

The 1inch team address (tag: 1inch: Team Investment Fund Collection) purchased 6,087.7 ETH using 10 million USDT and 70,000 USDC (a total of 10.07 million USD) 5 hours ago at an average price of 1655 USD, as monitored by on-chain analyst Yu Jin.

Market shows that AMB rose to 0.01244 USDT this morning and is now reported at 0.01083 USDT, with a 24-hour increase of 66.36%.

According to DefiLlama data on August 28th, the current total market value of stablecoins is about $124.576 billion, an increase of 1.09% from the past week. In addition, the market share of USDT stablecoin is 66.44%.

On August 25th, as reported by Cointelegrahp, Tether's transparency report shows that Tether currently has nearly 3.3 billion US dollars in liquidity reserves. As of August 24th, Tether's total assets were 86.1 billion US dollars, total liabilities were 82.8 billion US dollars, and the reserve ratio was over 100%.

According to the OKX market, PEPE's 24-hour decline reached 20.64%, now reporting 0.0000008747 USDT. Earlier news, the PEPE multi-signature wallet threshold was changed from 5/8 to 2/8, and over 16 trillion PEPE were transferred to CEX.

The United States Drug Enforcement Administration (DEA) lost $55,000 in seized Tether earlier this year due to a scammer's "address poisoning" tactic. The DEA had seized over $500,000 worth of USDT from two Binance accounts suspected of laundering drug money.

Data analyst Yu Jin monitored an address that borrowed 10 million USDT from Aave by pledging ETH and withdrew 5,500 ETH (worth $9.24 million) from Binance four hours ago. Since July 31, this address has withdrawn a total of 22,771 ETH (worth $38.5 million) from Binance, with an average price of $1,691.