Tether Registers $1B in Operating Profit for Q1
TL;DR Over $1B in Q1: Tether delivered a stellar quarter with operating profits exceeding $1 billion, bolstered by a robust treasury portfolio nearing $120 billion. Surging
USDT (Latest Publications)
$1B in USDT Hints at a New Crypto Bull Market
TL;DR Tether has issued $1 billion in USDT in the last 24 hours through the TRON network, bringing its total supply on this blockchain to $71.7
Ethena’s USDe Boom Fuels a Tether USDT Surge, Says Founder
TL;DR The founder of Ethena stated that the issuance of USDe drives demand for USDT, since it covers 70% of the collateral in perpetual swaps. Young
Tether Eyes Massive User Expansion with ‘Stablecoin Multiverse’
TL;DR Massive Growth: Tether’s “Stablecoin Multiverse” initiative accompanies a 14% user growth since October 2024, pushing its global user base past 400 million. Grassroots Approach: The
Rumble Enables USDT Payouts for Creators After Tether’s Support
TL;DR Rumble has launched its wallet for creator payments, using Tether’s USDT stablecoin, enabling fast and secure transactions. This launch follows a $775 million investment from
Tether Seeks ‘Big Four’ Audit to Reassure Investors on USDT Reserves
TL;DR Tether is negotiating with one of the world’s top four accounting firms (PwC, EY, Deloitte, or KPMG) to conduct a full, independent audit of its
Stablecoins Gain Ground: Market Hits $230B as U.S. Moves Toward Regulation
TL;DR Stablecoins Market Milestone: The market has surged past $230B, spurred by institutional interest and growing adoption amid volatile crypto markets. U.S. Regulatory Clarity: Legislative efforts
Russia is Using Bitcoin and USDT for Oil Trade with China & India
TL;DR Crypto-Backed Oil Trade: Russia is using Bitcoin and USDT to facilitate oil transactions with China and India, circumventing traditional financial systems amid global sanctions. Intermediary
Tether On-Chain Activity Skyrockets —What’s Fueling the Surge?
TL;DR Record Activity: Tether’s daily on-chain transfers surged to over 143,000, reaching a six-month high amid volatile market conditions. Trader Strategy: Increased buy-side activity as traders
Stablecoins Break Records! Market Cap Hits $227.4 Billion
TL;DR Record Surge: Stablecoin market cap skyrockets to $227.4B, up from $132B in January 2024. Top Tokens: Tether leads with $143B, followed by USDC at $57B
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