Latest Update: Tether Generates $2.6 Billion in 2021 from Bitcoin and Gold Holdings Tether, a popular stablecoin, has reported a substantial revenue of $2.6 billion this year, primarily from its investments in bitcoin and gold. The company’s strategic holdings in these assets have proven to be highly lucrative amidst the current market conditions. Continue reading:…
Tether Generates 1 Billion USDT Tether, the popular stablecoin issuer, has recently created an additional 1 billion USDT tokens. Implications of the USDT Minting This move by Tether to mint such a significant amount of USDT could have various implications on the cryptocurrency market. The influx of more USDT could potentially lead to increased trading…
The Race for Dominance: The Battle of Stablecoins As the cryptocurrency market gains momentum, a new competition is emerging, not for primary cryptocurrencies or meme coins but for the control of the future of the dollar in digital form. From Tether to PayPal to BlackRock, various entities are vying for a share of the stablecoin…
Tether Minted $1B in USDT Exciting news for Tether fans! Tether has recently minted a whopping $1 billion worth of USDT, adding to its circulating supply. This development is sure to have a significant impact on the cryptocurrency market. Also read: President Trump Denies Drafting Letter to Dismiss FED Chair Jerome Powell