Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back

Tether (often referred to by its currency codes, USD₮ and USDT, among others) is an asset-backed cryptocurrency stablecoin. It was launched by the company Tether Limited Inc. in 2014. Tether Limited is owned by the Hong Kong-based company iFinex Inc., which also owns the Bitfinex cryptocurrency exchange.

Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back

Tether has filed applications for trademark registration in Russia.

The Company Statement
May 28, 2024

Tether Disregards Ukraine's Plea to Block Russian Users - Bloomberg. Some unsanctioned firms use Tether stablecoin for transactions.

January 16, 2024Tether has filed applications for trademark registration in Russia
March 11, 2022Stablecoin Tether Disregards Ukraine’s Plea to Halt Russian Use
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