On Thursday, Tether (USDT), the world’s largest stablecoin issuer, released its third-quarter (Q3) assurance opinion report, revealing substantial financial results amid the broader market recovery led by Bitcoin (BTC). Total Tether Assets Reach All-Time High Conducted by accounting firm BDO, the report highlights Tether’s growth, with a net profit of $2.5 billion for Q3, contributing…
View More CEO Ardoino On Tether Q3 Performance: $2.3 Billion Gains And What Lies Ahead For The StablecoinTag: tether
Tether’s $1 Billion USDT Mint On Tron: What’s Fueling The Demand Surge?
It’s been a busy week for Tether, as the company announced that it had authorized the minting of another 1 billion USDT tokens, pushing the total number of minted tokens to $33 billion in the last year. According to blockchain data, the additional tokens were minted on the Tron network and immediately sent to the…
View More Tether’s $1 Billion USDT Mint On Tron: What’s Fueling The Demand Surge?