Tether CEO: “We’re Approaching $15 Billion Profit This Year”
TL;DR: Tether forecasts around $15 billion in profit this year, nearing a $500 billion valuation. The firm is in talks with investors like SoftBank and Ark
Tether (Latest Publications)
Tether’s AI Arm Launches Genesis I: The Largest Synthetic Dataset Ever Built
TL;DR: Tether Data launches Genesis I, a synthetic dataset designed to democratize access to AI and STEM research. The dataset combines multi-source data to train AI
Tether Backs $39M Round for ‘World’s First Programmable Bank’
TL;DR: Tether invested in Pave Bank’s $39M Series A, supporting the world’s first programmable bank for fiat and digital assets. Pave Bank enables real-time asset management,
Tether Ignites Innovation with Open-Source Wallet Development Kit
TL;DR Tether launched its open-source Wallet Development Kit (WDK), a modular toolkit that enables the creation of secure, self-custodial, and interoperable wallets. The WDK supports Bitcoin,
Tether Nominates Its Candidates and Seeks to Influence Juventus’ Governance
TL;DR Tether nominated Zachary Lyons and Francesco Garino to the board of Juventus after holding a 10.7% stake in the Italian club. The company aims to
Cantor Fitzgerald’s $600M Tether Bet Could Yield $25B if Stablecoin Giant Hits $500B Valuation
TL;DR: Cantor obtained rights to 5% of Tether for $600 million. If Tether reaches $500 billion, that stake could be worth $25 billion. High exposure to
Tether Secures $1 Billion in Bitcoin, Expanding Its $10B Reserve Power
TL;DR Tether added 8,889 BTC in a transfer from Bitfinex, boosting its Bitcoin reserves to about $9.8 billion at market value. The pattern of quarter-end purchases
Tether Partners With Rumble to Boost USAT Adoption Across U.S.
TL;DR Tether has partnered with Rumble to expand the reach of its USAT stablecoin in the United States, leveraging Rumble’s 51 million monthly active users. The
Aster Surpasses Tether in Daily Revenue, Stuns Crypto Market
TL;DR Aster, a rapidly growing decentralized exchange, recently recorded higher daily revenue than Tether, signaling a significant shift in crypto trading activity. The platform processed around
Paolo Ardoino Says Tether has 99% Profit-Margin
TL;DR Profit Margin: Tether CEO Paolo Ardoino revealed the company operates with a 99% profit margin, showcasing its unmatched efficiency and independence from public market constraints.
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