US Prosecutors Want $84.2 Million From a Bank Tied to Tether
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Tether says it had ‘limited’ exposure to bank linked to $84M US seizure
US prosecutors alleged that a payments business illegally transferred hundreds of millions of dollars at the direction of EQIBank, where Tether holds some assets.
Tether makes a $20 million strategic investment in Mercado Bitcoin to accelerate on-chain infrastructure development in Latin America.
Mars Finance reports that stablecoin issuer Tether has announced a $20 million strategic funding round for Latin American on-chain financial services platform Mercado Bitcoin. This funding will support Mercado Bitcoin's development in asset tokenization, payments, lending, capital markets, and compliant digital financial services. Founded in 2013, Mercado Bitcoin has expanded from a digital asset trading platform into a comprehensive on-chain financial infrastructure platform, covering trading services, tokenized investment products, lending, stablecoin payments, banking infrastructure, and cross-border financial services. The funds raised will primarily be used to expand payment infrastructure, increase the scale of tokenized products for institutional and retail investors, develop lending business, advance on-chain capital markets, seek strategic partnerships, and drive international expansion.
Tether Sued Over Alleged Unlawful Freeze of $42.4 Million in USDT
Two Thai businessmen claim Tether blocked access to their stablecoins months before federal authorities secured a seizure warrant.
Swiss private bank Julius Baer: The Federal Reserve is unlikely to raise interest rates, and gold prices are expected to rebound.
According to Mars Finance, citing Jinshi, Swiss private bank Julius Baer predicts that the Federal Reserve is unlikely to raise interest rates and the dollar may weaken, thus gold prices are expected to recover lost ground.
US seeks $61M in USDT allegedly tied to sanctioned Iranian oil sales
Tether froze $61.19 million across 10 Tron addresses in 2025 that prosecutors allege were connected to black-market Iranian oil proceeds.
Banks Want More: Trade Groups Demand Stricter Stablecoin Limits in Clarity Act
Eight trade associations say exceptions for interest-like rewards could pull deposits from banks and reduce lending.