News linked to both this project and an event.
Latin American digital wallet Belo has completed a $14 million Series A funding round, led by Tether, with participation from Titan Fund, The Venture City, Mindset Ventures, and G2. The funds will be used to expand into Latin American markets including Mexico, Chile, and Colombia, and to scale stablecoin payment infrastructure deployment.Founded in 2021, Belo offers a wallet service that combines local currencies with digital dollars, currently serving over 3 million users. This investment also reflects Tether's increasing efforts to expand stablecoin payment applications in emerging markets. (CoinDesk)
According to an official announcement, BitMart will list USD.AI (CHIP) at 21:00 (UTC+8) on April 21. The trading pair CHIP/USDT will be available.USD.AI is a permissionless lending protocol providing financing for the AI infrastructure industry. The protocol allows GPU operators to tokenize and collateralize their hardware equipment for quick access to capital. It employs a dual-token model: USDai (a stablecoin over-collateralized by PayPal's PYUSD) and sUSDai (an interest-bearing token with a target annual yield of 10-15%, with returns sourced from GPU-backed loans). CHIP is the governance token, allowing holders to vote on protocol parameters, administrator approvals, and USD.AI Improvement Proposals (UIPs).
Odaily News Tether disclosed in a regulatory filing that it holds 1.95 million shares in Antalpha through the company's 2025 initial public offering, representing approximately 8.2% of the post-IPO outstanding shares. Antalpha provides lending and financing solutions for the Bitcoin mining industry and is a key partner of Bitmain. Antalpha listed on Nasdaq in May 2025, raising approximately $49 million with an offering price of $12.80 per share. Tether subscribed to over half of the offered shares, becoming one of the largest investors. Its full-year 2025 revenue increased to nearly $80 million, with net profit rising to $18.5 million. However, its stock price fell over 27% this Monday, trading at around $9.30 per share.
According to CoinDesk, KAIO, a regulated tokenization firm based in Abu Dhabi, has announced the completion of an $8 million strategic funding round, with investors including Tether. Combined with its prior funding, KAIO’s total capital raised now stands at $19 million. KAIO primarily provides infrastructure for asset management firms to distribute funds on-chain, enabling products from institutions such as BlackRock, Brevan Howard, and Hamilton Lane to be integrated into blockchain systems. KAIO stated it plans to expand into credit, structured investment products, and ETFs, and intends to launch on-chain funds in partnership with Mubadala Capital. The company reported currently managing approximately $100 million in assets and having processed over $500 million in cumulative transactions.
According to TheEnergyMag, Tether, the stablecoin issuer, along with several of its subsidiaries and its Chairman Giancarlo Devasini, collectively hold 1.95 million common shares of Bitcoin mining financial services company Antalpha—representing 8.2% of Antalpha’s total post-IPO share capital. Disclosure documents indicate that Antalpha raised approximately $49.3 million in its initial public offering (IPO), with a share offering price of $12.80 per share; Tether subscribed to roughly half of the issued shares. Antalpha maintains close ties with the Bitmain ecosystem and primarily offers Bitcoin-collateralized lending and financing for mining hardware supply chains. As of the end of 2024, its loan portfolio stood at approximately $1.6 billion.
Pablo Hernandez de Cos, General Manager of the Bank for International Settlements (BIS), stated that global coordination on stablecoin regulation is critical to preventing severe market fragmentation; otherwise, regulatory divergences across jurisdictions could trigger regulatory arbitrage. He noted that stablecoins are typically pegged 1:1 to the U.S. dollar and may undermine monetary and fiscal policy, exert stress on financial markets, and hinder efforts to combat illicit financing. Currently, the two largest stablecoins—issued by Tether and Circle—account for approximately 85% of the global $315 billion stablecoin circulating supply. He also remarked that these stablecoins resemble securities more than money—particularly in terms of redemption frictions—and operate more like ETFs.
Odaily News According to CoinGlass data, index-based contracts have been generally active over the past 4 hours. Among them, the HK50 contract on the Gate platform saw a position increase of up to 2647.1%, ranking first across the entire market.Gate pioneered the global index perpetual contract, using mainstream global indices and volatility indices as underlying assets, introducing market sentiment indicators into the crypto derivatives trading system. While maintaining the advantages of USDT settlement and 7×24 hour trading, it provides users with trading choices that are closer to the global macro market. Simultaneously, Gate has fully deployed a traditional finance trading zone covering stocks, metals, foreign exchange, indices, and commodities, continuously building a multi-asset contract system covering mainstream TradFi assets, and creating the industry's most comprehensive index and traditional financial asset contract trading zone.
According to GlobeNewswire, Solv Protocol announced a strategic integration with Utexo to launch a native Bitcoin yield solution built on the RGB protocol and the Lightning Network. This solution enables atomic swaps between native BTC and USDT—without wrapping, cross-chain bridges, or custodians. It emphasizes self-custody, privacy protection, and final settlement, aligning with Tether’s prior announcement of natively issuing USDT on an RGB-compatible Lightning Network. Additionally, Solv participated as a strategic angel investor in Utexo’s $7.5 million seed funding round, led by Tether.
According to The Block, Tether has confirmed its participation in the previously announced $134 million private financing round of publicly listed Stablecoin Development Corporation (SDEV). SDEV positions itself as a vehicle offering public-market investors exposure to the stablecoin sector, with core holdings including the Sky Protocol governance token SKY and the stablecoin USDS. As of March 31, SDEV held approximately 2.15 billion SKY tokens, representing roughly 9.15% of the total supply. This financing was completed in January and included the deposit of 943.6 million SKY tokens, along with $25 million in cash and $51 million in stablecoins, which were used to acquire an additional ~1.17 billion SKY tokens.
According to an official announcement by Tether, Tether Investments participated in a $134 million financing round for the publicly listed Stablecoin Development Corporation (NYSE American: SDEV), with other investors including R01 Fund LP and Framework Ventures—digital asset-focused investment firms. SDEV positions itself as an on-chain holding company dedicated to building infrastructure for stablecoin payments, transfers, and cross-platform fund flows, aiming to lower user adoption barriers. Globally, the circulating supply of stablecoins has surpassed $300 billion, while last year’s transaction volume reached $33 trillion—exceeding the combined total of Visa and Mastercard. Meanwhile, Tether’s USD₮ user base has grown to 570 million.
Odaily News Digital asset trading platform Gate will launch the first Pre-IPOs project, SpaceX (SPCX), opening a channel for pre-listing asset subscriptions. This product supports participation with both USDT and GUSD. Upon completion of the subscription, SPCX asset vouchers will enter the pre-market trading market in a 100% unlocked form.The subscription period for this round is from 18:00 on April 20, 2026, to 18:00 on April 22, 2026 (UTC+8). SPCX is expected to be distributed before 18:00 on May 6 (UTC+8). The total subscription amount is 33,900 SPCX, with a total value of approximately $20.001 million, a unit price of $590, corresponding to an implied valuation of about $1.4 trillion.In terms of mechanism, Pre-IPOs adopts an "average hourly locked amount" for allocation, emphasizing the weight of early participation. After obtaining the asset vouchers, SPCX supports pre-market trading or subsequent delivery. Furthermore, the minimum participation threshold for this round is only 100 USDT, with no hidden costs such as handling fees, custody fees, or profit commissions.Gate Pre-IPOs focuses on early participation opportunities in high-quality projects before their listing, opening a new gateway for individual investors to access global premium assets. In the future, the platform will continue to expand more high-quality targets and product forms, promoting the industry towards a more open and efficient direction.