Tether Reveals Record Net Profit and Important Insights
TL;DR Record Profits: Tether achieves $2.85B in profits in Q4 2023, totaling $6.2B annually. 90% Coverage with Cash: The cryptocurrency backs 90% of its tokens with
Tether (Latest Publications)
Tether Fires Back! Explosive Response to UN’s Allegations of ‘Illicit Activity’ in USDT
In a recent turn of events, Tether, the renowned stablecoin issuer, has publicly disputed allegations made by the United Nations (UN) regarding the misuse of its
2023 Was a Record Year for Crypto Payments, According to CoinGate
The year 2023 marked a significant milestone in the world of cryptocurrency payments, with CoinGate, a leading payment intermediary in the industry, reporting a record-breaking year.
Tether and Bitfinex Concede to Cease Opposition to Freedom of Information Law Request
In a significant development, Tether and Bitfinex have decided to cease their opposition to a Freedom of Information Law (FOIL) request. This decision marks a turning
Tether Will Invest $500 Million to Mine Bitcoin
Tether, the stablecoin issuing company, has announced plans to allocate approximately $500 million for a strategic expansion into Bitcoin mining over the next six months. This
Tether Breaks New Ground with $85 Billion Market Cap
The market supply of Tether (USDT), the largest stablecoin, has reached a new all-time high, surpassing the milestone of $84 billion. According to data from the
Northern Data Secures Major Debt Financing from Tether
Northern Data AG, a Germany-based Bitcoin mining company, has secured a significant debt financing facility from Tether, the issuer of the world’s largest stablecoin by market
Tether Releases Third Quarter Results: 85.7% Cash Reserves
Stablecoin issuer Tether has attracted attention with its recent Q3 2023 attestation report, which highlights a significant achievement in its financial management.
Tether Will Publish Real Time Reserve Data
Paolo Ardoino, CEO of Tether, revealed in an interview with Bloomberg this Thursday that the company plans to publish real-time reserve information, although there is no
Tether Loans Continue to Rise
Tether, the largest stablecoin issuer in the crypto market, has seen an increase in its stablecoin lending in 2023 so far. However, it was previously announced
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