Federal agents in North Carolina seized over $61 million in a Tether (USDT) linked fraud scheme, where scammers posed as romantic partners to mislead victims. Tether (USDT) accounted for 44% of total crypto revenue in 2025, underscoring its outsized market footprint amid concentration among a few major protocols. Tether has invested in Whop.com, an online marketplace handling $3 billion in payouts, with plans to integrate its Wallet Development Kit for USDT and USAT payments.
The operation underscores ongoing risks surrounding crypto crime and highlights intensified enforcement efforts in the sector. Whop.com’s platform processes roughly $3 billion in payouts, and the collaboration with Tether aims to broaden USDT and USAT payments across its network. The deal signals Tether’s continued push to expand stablecoin usage in real-world commerce and payment rails.
Leave a Reply