Tether Holdings, the company that issues the largest stablecoin USDT ( USDT-USD ), turned in a net profit of $2.5B in Q3, ...
Tether Holdings Ltd., the British Virgin Islands-incorporated operator of the largest stablecoin, said it posted net profit ...
Most of the reserves backing its stablecoins are deposited in Treasury bills, from which Tether earns profits on the interest paid. Its gold holdings added about $1.1 billion in unrealized profits ...
Tether was one of the earliest iterations of a stablecoin—a type of cryptocurrency that is pegged to an underlying asset, such as a fiat currency or commodities such as gold or oil. The project ...
Paxos issued a new stablecoin, the Global Dollar (USDG), which is legally compliant with Singapore’s monetary laws. Unlike ...
Tether CEO Paolo Ardoino reveals the firm's reserves backing its USDT dollar-pegged stablecoin following allegations that the ...