Crypto Newsletter

For Tether, Rumble’s Northern Data Deal Signals Greater US Goals

Paolo Ardoino, chief executive officer of Tether Holdings Ltd., during the Token2049 conference in Singapore, on Wednesday, Oct. 1, 2025. 

Photographer: Suhaimi Abdullah/Bloomberg
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Emily Nicolle on what Rumble’s acquisition of Northern Data might mean for the data center’s biggest backer: Tether.

On Monday, the world’s biggest stablecoin issuer moved some of its billions around.