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Tether, Stablecoin
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.
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 crypto markets.
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.
CoinDesk
3h
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 ...
4h
Voltage CEO Highlights the Evolution of Lightning Network Payments at Tether’s Plan B Forum 2025
This year’s forum comes amid transformative developments in the Lightning ecosystem, including Tether’s announcement to bring ...
10h
Tether Raises Concerns Over ‘Rushed Actions’ as MiCA Regulations Lead to USDT Delisting in Europe
Tether has expressed disappointment over the delisting of its USDT stablecoin by exchanges in Europe following the ...
CCN on MSN
11h
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 ...
CoinDesk
20h
Tether Brings Its $140B USDT Stablecoin to Bitcoin and Lightning Networks
Stablecoins like USDT are increasingly popular for everyday uses like payments, remittances and savings, and Tether's ...
Bitcoin Magazine
11h
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 ...
blockonomi
8h
Tether Integrates USDT with Bitcoin’s Base Layer and Lightning Network
Tether announced the integration of USDT with Bitcoin's base layer and Lightning Network using Taproot Assets protocol, ...
1d
on MSN
Lutnick Pledges to Sell Firm, Discloses Its Bond With Tether
Howard Lutnick, President Donald Trump’s pick to run the Commerce Department, said in his Senate hearing that he plans to ...
17h
on MSN
Tether’s stablecoin to be integrated into Bitcoin Lightning
Lightning Labs, the company behind Bitcoin layer 2 Lightning Network, is using the Taproot Assets protocol to integrate ...
cryptonewsz
1d
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 ...
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stablecoin
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