Tether’s gold-backed stablecoin, XAUT $4,178.77, reached a $770 million market capitalization as of April 28, according to the company's first attestation under El Salvador’s financial regulations.

Crypto markets crashed on Friday after Trump announced new China tariffs. That crash was fuelled by a leverage boom that ...

Cantor Fitzgerald Chairman Brandon Lutnick personally verified Tether’s reserves when the firm began its relationship with the stablecoin giant, he said on Wednesday at Consensus 2025 in Toronto. The ...

Hello and welcome to the FT Cryptofinance newsletter. This week I’m taking a look at Tether’s new gold-backed stablecoin. Tether is arguably the world’s most important crypto company. Its USDT ...