Topic: #tether
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Liquid's L-BTC resumes trading with 85% reserve coverage after restart
Liquid's L-BTC token resumed trading on September 10 with Bitcoin reserves covering only 85.15% of outstanding supply, a gap of roughly 627 BTC. Trading on SideSwap reopened while peg-outs remained suspended during the reserve restoration process.
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Tether launches $400M private-credit fund as defaults hit five-year highs
Tether and Fasanara Capital unveiled StableFund, a $400 million vehicle targeting up to $3 billion in institutional capital for USDT-backed lending across fintech networks. The move marks Tether's expansion into private credit as major funds report record defaults.
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Jack Mallers Steps Down as Twenty One Capital CEO; Tether Merger Collapses
Jack Mallers resigned as CEO of Tether-controlled Twenty One Capital on July 20, 2026, as the company abandoned a proposed three-way merger with his bitcoin payments firm Strike and mining company Elektron Energy. Raphael Zagury replaces him.
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UK Tightens Election Funding Rules on Crypto Billionaire Donors
The UK government extended caps on overseas donations to cover a donor's first year of residency, directly targeting billionaire Tether investors and crypto-linked financiers backing Reform UK, amid investigations into undeclared gifts to Nigel Farage.
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Farage Investigated Over Crypto Lobbying Tied to Tether Donor
Parliament's standards watchdog is investigating whether Reform leader Nigel Farage improperly lobbied the Bank of England on cryptocurrency policy to benefit his largest donor, billionaire Christopher Harborne, who holds a 12% stake in Tether.
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Tether unlocks $23B gold reserves for crypto lending via Ledn
Tether is expanding its tokenized gold strategy by allowing XAUT holders to borrow against their bullion through crypto lender Ledn, mirroring established bitcoin-backed lending models without forcing asset sales.