The USDT stablecoin issuer, Tether, attracted a massive net profit of $4.52 billion in the first quarter of FY24, setting a record for the company.
Tether Says Profit Rose to a Record During the First Quarter
Tether Holdings Ltd., the operator of the largest stablecoin, said it had record net profit of $4.52 billion in the first quarter, largely driven by interest earned from its holdings of US Treasuries …
Tether nets record $4.52 billion profit in Q1 2024 — majority from Bitcoin and gold
The majority, or $3.52 billion of the profit, stemmed from the firm’s financial gains on Bitcoin and Gold, while the additional $1 billion came from operating profits.
USDC surpasses Tether USDT – A sign of stablecoins’ future?
USDC surpasses USDT, indicating a shift in stablecoin market dynamics. Leaders stress aligning stablecoins with democratic values and transparent regulations. In a surprising development, Circle’s …
Tether Makes Strategic Investment of $200 Million in Blackrock Neurotech to Advance Human Potential
In an announcement on April 29, Tether, the issuer of popular stablecoin USDT, revealed its strategic investment of $200 million into Blackrock Neurotech, a leading neural implant company. This …
Circle’s USDC Stablecoin Surpasses Tether’s USDT in Transaction Volume
Circle’s USDC stablecoin scaled past Tether’s USDT in transaction volume. Can its market cap overtake Tether USDT in the coming weeks?
Stablecoin Tether is losing market share – report
Trading with Tether’s USDT on centralized exchanges is taking a step back, which makes its historical market capitalization questionable, according to recent findings from Kaiko Research. Despite a series of setbacks including high-profile
Crypto company Tether invests $200 mln in brain-chip maker Blackrock Neurotech
Crypto company Tether has invested $200 million in Blackrock Neurotech, taking a majority stake in the U.S. brain implant company, Tether said in a statement on Monday.
Tether Invests $200M in Blackrock Neurotech for BCI Revolution
Tether, the stablecoin issuer, invested $200 million in Blackrock Neurotech to support the brain-computer interface (BCI) technology.
Circle’s USDC overtakes Tether’s USDT in stablecoin transactions: Visa
Despite Circle’s rising transaction count, Tether’s USDT still accounts for over 68% of the entire stablecoin market.
Tether Invests $200 Million in Blackrock Neurotech’s Neurological Disorder Solutions
Tether, the issuer of the USDT stablecoin, made a $200 million investment in Blackrock Neurotech, a leading biotech company.
Circle’s USDC Overtakes Tether USDT In Transaction Volume: Visa
The data facilitated by Visa Inc. spotlighted USDC’s recent monumental achievement. Circle-backed stablecoin USDC overtakes Tether USDT in transaction volume.
Stablecoin firm Tether invests $200M in neurotech company
Tether has invested $200 million in the neuroscience research firm Blackrock Neurotech, becoming the majority stakeholder.
Stablecoin Issuer Tether Invests $200 Million in Brain-Computer Interface Company
Tether Holdings Ltd., the issuer of the biggest stablecoin, said it invested $200 million in Blackrock Neurotech, a maker of brain-computer interface technology.
Tether invests $200 million in biotech firm Blackrock Neurotech
Tether has announced a $200 million investment in Blackrock Neurotech, a leading Brain-Computer-Interface (BCI) technology company. The strategic investment, completed via Tether’s newly-launched …
Circle’s USDC pulls ahead of Tether’s USDT in transaction volume — Visa
Circle’s USDC stablecoin has overtaken Tether’s USDT in transaction volume in 2024 based on Visa crypto payments data.
Senators Question Biden Administration on Russia’s Use of Tether to Evade Sanctions
U.S. Senators have asked the Biden administration what new powers it needs to address threats posed by Russia and other adversaries using the cryptocurrency tether. Sen. Elizabeth Warren (D. Mass) and …
Why USDT dominates 70% of the stablecoin market
The stablecoin market capitalization was trending upward once again One metric hinted at negative sentiment and selling pressure in the market Stablecoins are integral to the crypto ecosystem.
New tether system provides Vesper unlimited flight time
Responding to the market demand for tethered systems compatible with blue UAS drones, Volarious has launched the V-Line Pro, initially featuring a 25-meter (82 feet) tethered line and a new backpackable DC-power tether station. This system enables …
U.S. Stablecoin Bill Would Rein In Tether, Boost Coinbase And Circle, Outlaw Algorithmics
Bitcoin’s fierce rise has inspired a search for how to invest in it beyond just buying the ETF and holding it. Buyer beware.
Why USDT Dominates Supply With Lower Transaction Volume
Visa launched a stablecoin dashboard that shows the outstanding supply of fiat-backed tokens at an all-time high, with Tether’s USDT dominating. While USDT dominates supply, when it comes to …