Stablecoin Issuer Tether Says Profit Was $13 Billion Last Year
Tether Holdings Ltd., the stablecoin issuer that was pulled into the spotlight this week during the confirmation hearing for Donald Trump’s pick to run the Commerce Department, said it made an eye-popping $13 billion in profits last year.
Kraken to delist Tether USDT, 4 other stablecoins in Europe
Cryptocurrency exchange Kraken is moving to comply with European crypto regulations by preparing to delist five stablecoins, including Tether’s USDt. Kraken will fully delist USDt (USDT) on March 31 to comply with the European Union’s Markets in Crypto-Assets Regulation (MiCA),
Tether To Introduce USDT To Bitcoin And The Lightning Network
On Jan 30, 2025 at the inaugural PlanB Forum in El Salvador, Tether announced it is bringing USDT to Bitcoin and the Lightning Network.
Stablecoin Giant Tether Reports Record Profits Ahead of Bitcoin Rollout
Alongside record profits, USDT issuer Tether also reported Friday it now holds over $143 billion in reserve assets to back the stablecoin.
Tether is back on Bitcoin - Lightning Dominance Is Just Starting
The stablecoin issuer's choice to bring USDT back to Bitcoin is a massive win for the Lightning Network and Joltz's bet on Taproot Assets.
Tether's Stablecoin Set To Enter Bitcoin Lightning Network
Tether, the popular stablecoin, has now integrated the bitcoin Lightning Network. This development opens up new possibilities for users looking to transact with USDT quickly and efficiently. The Lightning Network is known for its fast and low-cost transactions,
Tether Brings Its $140B USDT Stablecoin to Bitcoin and Lightning Networks
Tether, the crypto company behind the largest stablecoin, is introducing its $140 billion USDT token to Bitcoin — the blockchain
Tether’s USDT Launch on Bitcoin a Strategic Play To Distract From Audit Pressures
Tether integrates USDT into the Bitcoin Lightning Network. The launch comes amid mounting scrutiny over Tether’s audits and EU exit. Despite regulatory challenges, Tether recently
Tether’s USDT set to launch on Bitcoin’s base layer and Lightning Network
Tether, the crypto firm behind the world’s largest stablecoin, is bringing its $140 billion USDT token to Bitcoin.
Tether says it made $13.7 billion in profits. Its CEO plans to invest half in decentralized AI and a ‘very tall tower’
So, the U.S. is going to be a very interesting development. With USDT we don't have at this moment plans to enter the US, but ...
Crypto Briefing1d
Tether hits record $13B profits in 2024, reinforcing stablecoin dominance
Tether’s Q4 2024 report confirms $13B profits, $113B in US Treasuries, and a $7B surplus, showcasing stablecoin growth in ...
Tether clocks $13B in 2024 profits, US bond holdings hit all-time highs
USDT-issuer Tether reported record-breaking profits of $13 billion in 2024 and a larger-than-ever stockpile of US treasury ...
coinspeaker1d
Tether Profits Skyrocket to $13B in 2024, Shatters All Previous Records
Stablecoin issuer Tether Holdings (USDT) had a record-breaking year, with total profit topping the $13 billion milestone.
CoinDesk1d
Tether Reports $13B Profit for 2024, With Rising Bitcoin, Gold Prices Contributing
The group also increased its bitcoin holdings last quarter for the first time since March, holding nearly 84,000 BTC worth ...
Stablecoin Market Hits a Staggering $200B as USDT and USDC Lead the Charge
The stablecoin market has hit a record $200 billion market cap, according to CryptoQuant. This surge—up $37 billion since ...
cryptonewsz2d
US Lawmakers Grill Howard Lutnick on Tether and Illegal Finance Issues
Amid concerns over Tether’s involvement in illegal finance, US lawmakers grilled Howard Lutnick about his firm's ties to ...
decrypt3d
Bitcoin Bull Howard Lutnick Defends Tether in Senate Hearing—But Supports Stablecoin Audits
During a confirmation hearing to become Commerce Secretary, the billionaire Bitcoin backer faced questions about his firm’s ...