LC Insight
Friday, November 13, 2026Read the chain, not the rumors.

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Tether news and analysis from LC Insight: 9 stories, newest first.

AI & RWA

KPMG counted Tether Gold's bars: 520,089 ounces for 520,089 tokens

Tether says KPMG gave Tether Gold (XAU₮) a clean audit for 2025, its second Big Four audit after USDT. The gold matched the tokens almost to the ounce.

Markets

USDT shrank $2.69 billion in 8 days, but Tether's Ethereum treasury still holds $4.65 billion

Etherscan shows 4.65 billion USDT parked in the wallet it labels Tether: Treasury, which kept sending tokens out through November 12. CoinGecko counts $5.47 billion of USDT as not circulating.

Markets

A $93 million shark made 28,847 trades in 30 days, lost $162,000 and doubled its gold

Two days ago Hold91cc was up $26,100 on 12,787 trades. Now it has more than twice the trades, a loss, $18.77 million in Tether Gold and a $173,000 AAVE sale.

Markets

Unichain sharks sold $2.12 million of USD₮0, three days after sharks bought $3.74 million

The flow on Unichain's dollar token flipped. A wallet that was not among Friday's buyers did almost all the selling.

Policy

Senator Blumenthal gives Binance, Tether and World Liberty until January 4 to hand over records

Senator Richard Blumenthal says the three crypto firms have produced no records he asked for, some requests going back 18 months. His November 5 letters set a first check-in for November 9 and warn of "alternative measures" after January 4.

Markets

Two sharks bought $3.74 million of USD₮0 on Unichain in a day and sold just $75,000

A day after sharks were net sellers of the dollar token on Unichain, two wallets flipped to heavy buying. One of them also bought $4 million on Optimism.

Markets

Sharks sold $9.52 million of USD₮0 on Berachain in a day, $3.39 million in the last hour

One busy wallet made 260 shark trades on Berachain, where DeepSea logged 263 in Tether's cross-chain dollar token. A day earlier the 24-hour selling was about a quarter of the size.

Guides

What is TRON? How the chain holding $92.6 billion of USDT really works

TRON is the blockchain where more of Tether's USDT lives than anywhere else: about $92.6 billion on November 2, 2026, per DefiLlama. Here is how its energy and bandwidth fees work, and why 27 elected block makers decide the rules.

DeFi

Aave weighs a 60 million cap for USAT on Avalanche, where its supply is zero

Aave Labs wants USAT, the Anchorage-issued dollar stablecoin built with Tether's technology, on Aave V4's Avalanche hub. Risk firm LlamaRisk backs it as borrow-only at a fixed $1, but flags an uncapped mint key and a bridge that is not live yet.