Nigeria’s $37 million USDT freeze connected to MEXC and KuCoin hot wallets
The Nigerian authorities claimed the funds were involved in money laundering and terrorism financing.

Tether updates, transparency reports, and insights into the role of stablecoins in global finance.
Tether is set to grow its compliance team as part of its workforce expansion strategy.
The firm reported a net operating profit of $1.3 billion in the second quarter, marking its highest quarterly profit to date.
Crypto stakeholders argue that the global IT outage could have been prevented with a decentralized system
Tether's peak volumes reached $130 billion in 2024, reflecting robust market demand.
The Open Network's ease of transaction has been cited as a key factor in USDT's swift adoption.
Tether's strategic shift emphasizes resource allocation to platforms with higher community interest.