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Category Tether reserves

Tether Q2 Net Profit Hits $4.9 Billion, Pushing Total Earnings To $5.7 Billion

Tether Q2 Net Profit Hits $4.9 Billion, Pushing Total Earnings To $5.7 Billion

Tether, the company behind the market’s largest stablecoin USDT, has announced major financial results for the second quarter (Q2) of the year, rep...
CEO Ardoino On Tether Q3 Performance: $2.3 Billion Gains And What Lies Ahead For The Stablecoin

CEO Ardoino On Tether Q3 Performance: $2.3 Billion Gains And What Lies Ahead For The Stablecoin

On Thursday, Tether (USDT), the world’s largest stablecoin issuer, released its third-quarter (Q3) assurance opinion report, revealing substantial ...
Tether Reports Record-Breaking $5.2 Billion Net Profit In Latest 2024 Audit

Tether Reports Record-Breaking $5.2 Billion Net Profit In Latest 2024 Audit

Tether, one of the largest crypto companies in the industry and issuer of the most widely used stablecoin USDT, has released its attestation report...
Stablecoin Giant Tether Strikes Gold: Achieves Record Net Profit Of $4.5 Billion In Q1

Stablecoin Giant Tether Strikes Gold: Achieves Record Net Profit Of $4.5 Billion In Q1

Stablecoin issuer Tether, a prominent player in the cryptocurrency market behind the widely used USDT stablecoin, has released its audit statement ...
86% Of Tether Reserves Held In Cash And Equivalents: Report

86% Of Tether Reserves Held In Cash And Equivalents: Report

BBG reported 86% of Tether reserves in Q3 were in cash, primarily US T-Bills. The firm also reduced secured loans and increased excess reserves. Re...