The CEO of Tether has ended rumors about a Tether Chain, stating that it’s “not planning to build an official blockchain at this time.” …
Toncoin’s USDT Holdings Surge Past $1B: Price Stagnation Explained
Despite surpassing $1 billion in USDT holdings, Toncoin’s price remains stagnant. Explore the factors behind this discrepancy and what it means for future market performance.
Tether Drops Plan To Build an Official Blockchain As of Now: CEO
Tether is not planning to build an official blockchain at this time, as “neutrality is very important,” says CEO Paolo Ardoino.
Tether is not planning to build a blockchain, says CEO Paolo Ardoino
Tether CEO Paolo Ardoino shut down rumors of a Tether blockchain, declaring, “Tether is not planning to build an official blockchain at this time.” Instead, Tether backs the integration of its …
Stablecoin Issuer Tether’s USDT Potentially Seeing Rise in Adoption in Sanctioned Countries: Report
The world’s largest stablecoin by market cap is reportedly potentially seeing a rise in adoption amongst sanctioned nations.
Thai police officers extort 170,000 USDT from foreign victim
Thai authorities have arrested six police officers and one civilian for using a fake warrant to stage an arrest and extort 165,000 USDT from an expat. The victim, a Chinese-Vanuatu national, filed a …
Tether’s $2.5B Q3 Profit Driven by Soaring USDT Demand, Preps for Ripple Competition
Tether posts a record $2.5B profit in Q3 2024, driven by high USDT demand and Treasury yields, with reserves backed by $105B in U.S. assets.
Tether Mints $1 Billion USDT on Tron Network
Tether has issued an additional $1 billion USDT on the Tron network, boosting its total supply to 120.5 billion. This move aims to enhance liquidity in the bullish market.
Tether shifts focus to European, Middle Eastern and African markets in the face of US legal troubles
Tether (USDT) is still widely used globally, with a focus on developing markets. The activity in the EMEA region raises concerns about terrorism financing, scams, and circumventing controls and …
Tether to Launch Its Dirham-Pegged Stablecoin on TON Blockchain
Tether is launching its Dirham-pegged stablecoin on TON Blockchain, according to Alessandro Giori, senior strategic partnership manager at Tether.
Tether to launch dirham-pegged stablecoin on TON
Tether’s senior strategic partnership manager, Alessandro Giori, announced at the TON Gateway event that Tether’s dirham-pegged stablecoin will be on the TON blockchain.
Tether reports $2.5 billion Q3 profit, pushing 2024 gains to $7.7 billion
Tether generated $2.5 billion in profit during the third quarter of 2024, boosting its nine-month profit to $7.7 billion.
Tether Hits Record Highs With $2.5B Q3 Profit and $134B in Assets
Tether posts another quarter of record-breaking profits. The stablecoin issuer reported having over $134 billion in assets. In the first nine months of 2024, Tether …
Tether Reports Record $2.5B Quarterly Profit as Treasury Holdings Soar
Stablecoin giant Tether has announced record profits of $2.5 billion for the third quarter of 2024, taking its year-to-date earnings to an astonishing $7.7 billion.
Tether Usage Shifts as US Scrutiny of $120 Billion Stablecoin Grows
The $120 billion cryptocurrency Tether has gained traction in European, Middle Eastern and African time zones, a study suggests, as the purported dollar surrogate reportedly comes under greater US …
USDT market cap crosses $120 billion as stablecoins continue their uptrend
The stablecoin market capitalization continued its uptrend in October, characterized by USDT reaching a $120 billion market cap, according to a CCData report on Thursday. This indicates that investors …
Stablecoin Issuer Tether Says Third-Quarter Profit Was $2.5 Billion
Tether Holdings Ltd., the British Virgin Islands-incorporated operator of the largest stablecoin, said it posted net profit of $2.5 billion in the third quarter, largely driven by gains realized on …
Stablecoin issuer Tether posts $2.5B profit in Q3, driven by gold, Treasury holdings
Tether Holdings, the company that issues the largest stablecoin USDT ( USDT-USD ), turned in a net profit of $2.5B in Q3, with unrealized gains from its gold and U.S. Treasury holdings among the main …
Tether posts $2.5B in Q3 profits, with 2024 earnings reaching $7.7B
Tether posted $2.5 billion in earnings in the third quarter, with a consolidated profit of $7.7 billion in the first nine months of 2024.
Tether Reports $2.5B Profit in Q3, Holds Over $100B of U.S. Treasuries
The company also owns a significant amount of gold and the big move higher in the yellow metal boosted profits.
Tether increases its Bitcoin and gold holdings to $4.8B and $5B respectively
Tether’s Bitcoin holdings have reached an impressive $4.8 billion, while its gold reserves now stand at $5 billion in Q3 2024.