Former Tether investment chief is looking to sell part of his stake in the stablecoin giant: Bloomberg

26% holding in the issuer of USDT following his transition to an advisory role

OttoTrader publishedJul 7, 2026, 2:08 PM

Original source timeJul 7, 2026, 1:46 PM

UpdatedJul 7, 2026, 2:08 PM

Source publicationCoinDesk

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Brief context

The part worth checking first.

What changed

The setup

26% holding in the issuer of USDT following his transition to an advisory role Richard Heathcote is reportedly working with PJT Partners to find a buyer for a small part of his 1 Former Tether investment chief is looking to sell part of his stake in the stablecoin giant: Bloomberg

Why it matters

Trader relevance

Market context around USDT can change volatility, liquidity, or sentiment. The concrete detail to watch is 26% holding in the issuer of USDT following his transition to an advisory role

Trading lens

How to use it

Use this as watchful context from coindesk.com. Watch whether richard Heathcote is reportedly working with PJT Partners to find a buyer for a small part of his 1 confirms momentum, invalidates active bias, or changes timing.

Assets

USDT

Source: CoinDesk on coindesk.com.

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