Category : Tether
Tether (USDT) Enters Oil Trade with $45M Middle Eastern Crude Deal
TLDR: Tether financed a $45M crude oil deal involving 670,000 barrels from the Middle East The transaction was between a major oil company and a...
Tether Reports $2.5B Q3 Profit with Strong Treasury and Gold Holdings
TLDR Tether reported $2.5B profit in Q3 2024, with year-to-date profits reaching $7.7B $1.3B came from U.S. Treasury yields, $1.1B from gold appreciation Company holds...
Tether Ventures into Agriculture with $100M Investment in South America’s Adecoagro
USDT issuer Tether has made a move into the agriculture sector with a $100 million investment in Adecoagro, a South American agricultural firm. This marks...
USDT Issuer Tether to Expand Workforce to 200 Employees by Mid-2025
Stablecoin issuer Tether intends to double its workforce within the next year to strengthen areas such as compliance. By mid-2025, the company behind the USDT...
Tether (USDT) Loses Ground on Centralized Exchanges, Down to 74% Market Share
Even with several high-profile collapses and de-pegging events in recent years, stablecoins have continued to capture market share from fiat, reflecting strong demand increasingly. Although...
Tether CEO Alerts: Email Newsletter Provider for Crypto Companies Might Be Compromised
Paolo Ardoino, CEO of Tether, has issued a warning about a possible security breach involving a prominent email vendor frequently used by cryptocurrency companies. CoinGecko’s...
Tether Freezes $5.2M in USDT Linked to Phishing Scams as CEO Defends USDT
Tether, the world’s largest stablecoin issuer, recently froze $5.2 million worth of its USDT stablecoin linked to phishing scams. The funds were stored in 12...
Tether CEO Defends Compliance Efforts, Criticizes Ripple’s Garlinghouse
Ripple CEO Brad Garlinghouse recently expressed his belief that the United States government is targeting Tether, the world’s largest stablecoin issuer by market capitalization. Speaking...
Tether Shatters Profit Records: Inside the Stablecoin Giant’s $4.52 Billion Quarter
Tether, the leading stablecoin provider, has reported an astounding $4.52 billion profit for the first quarter of 2024, shattering its previous records. The company’s impressive...
