Tether reigns supreme with a jaw-dropping $114B market cap, while USDC rockets back with a 37% market share boost post-SVB collapse. Crypto adoption is skyrocketing, especially among institutions, and Tether [USDT] is cashing in big time.
Tether Breaks Records with $5.2 Billion H1 Profit, Surpassing Germany’s US Treasury Holdings
Tether builds on its historic $5.2 billion net profit in Q1 2024 to record a net operating profit of $1.3 billion in Q2 2024.
Tether Profits Soar to Record $5.2B in H1 2024, Equity Nears $12B
Tether has again proved its strong financial health as it closed the second quarter with $1.3 billion in net operating profits.
Tether Nets $1.3B Profit in Q2 2024, Holds More US Debt than Germany
Tether reported its Q2 earnings on Wednesday, July 31, clocking a strong $1.3 billion in net operating profits in the last quarter.
Tether Achieves Record $5.2 Billion Profit in first half of 2024
On July 31, Tether, the issuer of the dollar-pegged USDT stablecoin, unveiled its impressive financial performance for the first half of 2024. The company reported a record-breaking profit of $5.2 …
L3, a Web3 Infrastructure, Will Be Listed on CoinW Exchange
CoinW, the world’s pioneering cryptocurrency trading platform, will list Layer3 (L3), a Web3 infrastructure, on the WEB 3.0 Zone. For all CoinW users, the L3/USDT will be officially available for trading on July 30th 2024,
Is USDT in danger as USDC’s market share rises 37%? Assessing…
Tether’s USDT has become dominant with over 70% market share, after USDC’s decline following the SVB collapse.
Tether Stablecoin Issuer Says 2Q Profit Was $1.3 Billion
Tether Holdings Ltd., the operator of the largest stablecoin, said it posted net operating profit of $1.3 billion in the second quarter, as interest earned from its holdings of US Treasuries helped to …
Tether announces record profit of $5.2 billion for H1 2024
Tether has some big news. They’ve raked in a whopping $5.2 billion net profit for the first half of 2024. This announcement was part of their Q2 2024 …
Tether (USDT) reports record-breaking $5.2 billion profit in first half of 2024
Tether Holdings Limited has posted an impressive financial performance for the first half of 2024, showcasing a remarkable $5.2 billion in returns. As the cryptocurrency market teeters on the edge of …
Stablecoin Issuer Tether Reports Massive U.S. Treasury Stash in First Half of 2024
Key Takeaways Tether’s latest attestation reports $5.2 billion in profits for the first half of 2024 and an all-time high holding of $97.6 in U.S. treasuries.Tether is one of the largest holders of U.
Tether Reports $5.2 Billion Profit, Questions Arise Over Bitcoin Holdings
Tether, the company behind stablecoin USDT, says it hit a record-breaking $5.2 billion profit in the first half of the year.
Tether Nets $5B Profits This Year, Says Its US Debt Holdings Surpassed Germany’s
The company said its $97 billion exposure to U.S. Treasuries would put it 18th in the ranking among countries.
Tether reports record-breaking $5.2B profit in first half of 2024
According to a July 31 announcement, Tether, manager of the dollar-pegged USDT stablecoin, reported record-breaking profits of $5.2 billion in the first half of 2024 and a larger-than-ever stockpile …
Tether profit hit a record $5.2 billion in first half on 2024
Tether recorded $1.3 billion in net operating profit for Q2 and $5.2 billion for the first six months of the year. Q2 also saw a $520 million increase in group equity, bringing the total to $11.9 …
Tether Reports $5.2 Billion Profit for First 6 Months of 2024
Stablecoin issuer Tether is reporting a $5.2 billion profit for the first six months of 2024. The news was shared as part of the firm’s Q2 attestation of …
Just-In: USDT Issuer Tether Reports $5.2 Bln Profit
USDT issuer Tether has released its attestation report for the second quarter of this year which it unveiled a massive $5.2 billion profit …
TRC20-USDT surges to 60 billion issuance milestone
USDT’s success requires a closer look at the broader cryptocurrency market and how news impacts it. For crypto traders and investors, staying informed about news is crucial as it can significantly …
Tether dominates with $113B post-SVB collapse — IntoTheBlock
According to IntoTheBlock data, Tether (USDT) reached a $113.13 billion market cap post-SVB collapse, driven by liquidity and accessibility.
Gate.io Unveils HedgeSmart Strategies-USDT: 10% to 20% Annualized Yield with Principal Protection
Gate.io proudly announces the launch of HedgeSmart Strategies-USDT, a cutting-edge Quant Fund product designed to deliver an annualized yield of 10% to 20%.
TRON Leads Blockchain Payments with USDT Dominating Transactions
TRON tops blockchain payments with USDT leading transactions at 70.46%. Justin Sun announces USDT on TRON is now on Coinbase Wallet.