Tether’s Alloy gold-backed synthetic dollar reserves have crossed $210 million, according to the company’s transparency materials. The milestone relates to Alloy and aUSDT, not standard USDT reserves. That distinction matters because Tether’s main stablecoin …
Tether
Tether reported $1.3 billion in Q2 net operating profit in its latest BDO attestation statement, while excess reserves rose to $5.2 billion above full USDT backing. The figures keep Tether at the center of …
- Altcoin Highlights
Tether Acquires SoftBank Stake in Bitcoin-Focused Treasury Company XXI
by adminby adminTwenty One Capital holds 43,514 BTC, making it the second-largest public Bitcoin holder, far behind Strategy’s massive treasury lead. Tether International has announced acquiring Japanese multinational investment firm SoftBank’s minority stake in the Bitcoin-focused …
- Altcoin Highlights
Crypto’s new $11 million PAC booked millions in ads with firm started by Tether US CEO
by adminby adminThe crypto’s industry emerging political action committee, Fellowship PAC, rushed out of the gate this month with $11 million in backing, and it’s so far booked $3 million in ad services through a company …
- Bitcoin & Ethereum
Circle Stock Dives as Rival Tether Secures Big Four Audit, Crypto Bill Threatens Stablecoin Yield
by adminby adminIn brief Circle’s CRCL shares dropped 20% on Tuesday following a recent surge in value for the firm’s stock. Stablecoin giant Tether announced a long-awaited agreement for an audit from a “Big Four” accounting …
- DeFi Market
Tether records lower annual profit after boosting asset reserves – DL News
by adminby adminTether posted a $10 billion profit for 2025. That’s down from $13 billion in 2024. The issuer of USDT says it has more assets than ever before. Stablecoin giant Tether on Friday posted a …
- NFT & Metaverse
From Tether to the Trump-Backed USD1: The 7 Fastest-Moving Stablecoins of 2025
by adminby adminIn brief The stablecoin supply jumped $100 billion to a total of $314 billion in 2025. Tether leads in transaction activity, followed by Ripple’s RLUSD and Circle’s USDC. The Trump-backed USD1 reached the top …
Senators Warren, Wyden Quiz Commerce Secretary Lutnick Over Tether Loan to Children’s Trust
Senators Elizabeth Warren (D-MA) and Ron Wyden (D-OR) have written to Commerce Secretary Howard Lutnick and Tether CEO Paolo Ardoino, requesting information about loans made by the stablecoin firm to a trust that Lutnick’s …
Tether Freezes $544M in Crypto Tied to Turkish Illegal Betting Probe
Tether has frozen more than half a billion dollars in cryptocurrency at the request of Turkish authorities, blocking funds tied to an alleged illegal online betting and money-laundering operation. Last week, prosecutors in Istanbul …
Crypto stablecoin issuer Tether says it has launched a bid to fully acquire the Italian professional soccer club, Juventus Football Club, which has reportedly already been shot down. Tether said on Friday that it …