Category: Tethers
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Tether’s USDT achieves $115B market cap milestone
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The market cap of Tether’s stablecoin USDT has surpassed $115 billion. According to X is somewhat ambiguous. mail By CEO Paolo Ardoino, Tether’s stablecoin USDT (USDT) has reached a significant milestone, surpassing $115 billion in market cap. This achievement confirms USDT’s dominance in the stablecoin market, where it has accounted…
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Here’s a Timeline of Tether’s Latest Investments
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The largest stablecoin issuer, Tether, has recently made a lot of investments in cryptocurrency and AI startups. These investments and the company’s progress beyond stablecoins show that the entity is keen to expand its operations. Over the past few months, Tether has ventured into other sectors such as peer-to-peer communications,…
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Here’s a Timeline of Tether’s Latest Investments
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The largest stablecoin issuer, Tether, has recently made a lot of investments in cryptocurrency and AI startups. These investments and the company’s progress beyond stablecoins show that the entity is keen to expand its operations. Over the past few months, Tether has ventured into other sectors such as peer-to-peer communications,…
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These Divisions Contributed Significantly to Tether’s Q1 2024 Profit of $4.52B
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Earlier this week, the largest stablecoin issuer, Tether, revealed that it generated more than $4.52 billion in net profits in the first quarter of 2024. With the company recently expanding its operations, a large portion of the profits came from its long-standing operations. Existing companies, not newly formed divisions. pregnancy…
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Tether’s Record-breaking $4.5 Billion Profit From US Treasuries
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In innovative quarter l Tether, the main source of stablecoin, The company reported net income of $4.5 billion, driven largely by its extensive holdings of U.S. Treasury securities. This achievement strengthens the company’s position as a major player in the cryptocurrency market and underscores the growing importance of stablecoins as…