Tether CEO回应KPMG首次完整审计后的质疑：我们已经多次证明自己
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Tether CEO: EU MiCA regulations are "very dangerous" for stablecoins; abandoning the application was to protect users.
PANews reported on July 2nd that, according to Coin Bureau, Tether CEO Paolo Ardoino explained why USDT did not apply for an EU MiCA license, stating that the regulation is "very dangerous for stablecoins." He indicated that MiCA could force issuers to hold 60% of their reserves in uninsured cash deposits at small European banks, which might be unable to handle large-scale redemptions. Ardoino believes the legislation is "poorly considered" and stated that "skipping MiCA is to protect Tether's more than 400 million users."
Tether CEO warns AI giants' computing power subsidy model: Multiple cycles of mismatch continue to accumulate industry risks.
On July 4th, PANews reported that Tether CEO Paolo Ardoino published an article on the X platform, questioning the current expansion model of AI giants subsidizing computing power in exchange for user scale. He stated that leading global AI technology companies are continuously increasing their investment in computing infrastructure to seize market share, resulting in huge capital expenditures. However, the economic depreciation cycle of computing assets such as GPUs and servers is only 3 to 5 years, and the hardware depreciates extremely quickly. This creates structural mismatch risks: token prices are decoupled from the real value of assets, the profit realization cycle lags behind the capital investment cycle, and the cost of capital does not match the debt repayment period. At the same time, open-source AI models continue to divert market demand and compress commercial revenue space.
Tether's USDT0 interoperability protocol network has surpassed $100 billion in cross-chain transfers.
Odaily Odaily reports that Tether's asset interoperability protocol USDT0 has announced that its cross-chain transfer volume has surpassed $100 billion. This milestone means that USDT0 has become the fastest project in history to reach $100 billion in cross-chain stablecoin transfers in 525 days. Data shows that approximately 6.5 million active wallets currently use USDT0 as their settlement infrastructure, covering various participants including exchanges, hedge funds, and ordinary users. The network's cumulative token turnover rate has reached approximately 27 times. USDT0 stated that with the increasing demand for AI Agent trading and institutional cross-chain settlement, the need for a "24/7, low-friction, unified settlement system" is rapidly rising.
Tether completes first full financial audit, receives clean KPMG opinion
KPMG’s audit covered Tether’s 2025 financial statements and found its reserves exceeded liabilities by $6.8 billion.
Tether burned 2.5 billion USDT on Ethereum in a single day, the largest single-day destruction since February.
According to Mars Finance, on July 8th, CryptoQuant, citing on-chain data analysis, reported that on July 7th, the Tether Treasury burned $2.5 billion worth of USDT on the Ethereum network, the largest single burn on the network since February this year. This surpasses the $2 billion burn on May 8th and is second only to the historical high of $3.5 billion on February 10th. Simultaneously, the USDT balance flowing in and out of Binance via the Tron network fell to approximately $806 million, the lowest level since December 29th, 2025 ($391 million), falling below the $1 billion mark, indicating a significant contraction in USDT liquidity through the Binance Tron channel. While the large-scale burn by the Tether Treasury primarily reflects redemptions, fund management, or cross-chain rebalancing operations, it is not a direct market signal. However, the simultaneous contraction in Ethereum supply and Binance Tron liquidity warrants continued monitoring to see if the trend of synchronized tightening of liquidity in both stablecoin chains continues.
Data: 500 million USDT transferred from Tether Treasury to Binance
According to Foresight News , Whale Alert has reported that 500 million USDT have been transferred from the Tether Treasury to Binance.