USDT Issuer Tether Reports Record Profits Of $5.2 Billion, Why This Is Good For Bitcoin
The largest stablecoin issuer, Tether, recently disclosed a record net profit for the first half of this year. This is ...
Tag: Tether
Tether Cracks Down On Cambodian Fraud, Freezes $28 Million In USDT
Tether has frozen $28 million worth of USDT tokens connected to the Huione Group business in Cambodia. This is a ...
USDT Minting On Ethereum And Tron Falls From $7 Billion To $1 Billion In 6 Months
Even though pumping at spot rates, Tron wasn't spared the wrath of bears after peaking in February. Like other altcoins ...
Circle Executive Says Euro Stablecoins Will Boom After MiCA Goes Live In 2 Weeks
Patrick Hansen, a senior policy executive at Circle, the issuer of USD and Euro stablecoins, is positive that Euro-based stablecoins ...
Are Investors Ditching Ethereum For Bitcoin? Data Could Say So
On-chain data shows that Bitcoin and Ethereum exchange supplies have gone opposite ways recently, a sign that a rotation may ...
Tether Unveils $1 Billion Warchest For Deals And Investments In Key Markets
Stablecoin issuer Tether and its investment arm, Tether Investments, have revealed their intention to allocate more than $1 billion to ...
Tether Makes Major Move Into Bitcoin Mining With $100 Million Investment In This Firm
In a significant development, Tether, the issuer of the widely used stablecoin USDT, has acquired a $100 million stake in ...
Russian Firms Pivot To Crypto In Global Trade Amid Sanctions – Here’s How
Russian commodity firms have increasingly turned to cryptocurrency to circumvent financial hurdles posed by international sanctions. With traditional banking channels ...
