According to ChainArgos monitoring, on May 3, Tether conducted a large-scale issuance and redemption activity. A total of 266 million USDT was issued that day, while 103 million USDT was redeemed.

Paolo Ardoino, CEO of Tether, announced on X platform that the P2P encrypted communication application Keet will bring navigation and performance improvements in the next version.

Tether, the largest stablecoin issuer of USDT, announced on Thursday that it has partnered with blockchain monitoring company Chainalysis to monitor the transactions of its tokens in response to increasing regulatory pressure. The company stated that this monitoring system will help Tether identify high-risk cryptocurrency addresses that may be used for illegal activities such as circumventing sanctions or financing terrorism.

Tether redeemed 22 million USDT on April 27th.

Bitwise President Teddy Fusaro cited Maelstrom data indicating that stablecoin issuer Tether's net profit in 2023 is approximately $6.2 billion, which is 78% of Goldman Sachs' $7.9 billion and 72% of Morgan Stanley's $8.5 billion. However, Tether has only about 100 employees, while Goldman Sachs and Morgan Stanley have 49,000 and 82,000 employees, respectively.

According to Whale Alert monitoring, at around 20:14 Beijing time, 160,000,000 USDT (160,079,599 USD) was transferred from Tether Treasury to an unknown wallet.

According to official sources, Tether has announced the completion of SOC 2 Type 1 audit. It is said to be a major security update for the stablecoin issuer. SOC 2 Type 1 audit is a security compliance standard developed by the American Institute of Certified Public Accountants (AICPA). The SOC 2 Type 1 report is based on security, availability, processing integrity, and confidentiality, ensuring that Tether has strong IT control measures to ensure the security of its systems, access when needed, and confidentiality of information.

Tether purchased 8,888 bitcoins worth about $627 million in the first quarter of 2024. Currently, its total holdings amount to approximately 75,354 BTC, worth over $5.2 billion.

Tether has announced the strategic expansion into the field of artificial intelligence. First, Tether data plans to develop open-source, multi-mode AI models, seamlessly integrating AI solutions into market-driven products, and is committed to promoting the development of open AI fields. In addition, Tether data has announced the recruitment of AI-related talents worldwide.

According to MistTrack monitoring, Tether has frozen a total of 1.3 million USDT on 4 Ethereum addresses, and the frozen addresses seem to have interacted with addresses marked by MistTrack as "malicious theft addresses".