Tether Reports $1.5B Profit as USDT Supply Hits Record
Crypto Tether posted $1.5B Q2 operating profit as USDT supply hit a record $184.6B, with reserves exceeding liabilities by $4.11B.
Paolo Ardoino
Tether Adds 6 Tons of Gold With Reserves Hitting 132 Tons After Q1 Buying
Tether boosts gold reserves to 132 tons after Q1 buying, strengthening USDT backing with a diversified mix of bullion, Treasuries, and Bitcoin.
Tether Acquires 951 BTC Worth $70M for Reserves
Tether buys 951 BTC worth $70M, raising holdings above 97,000 BTC as it continues expanding its Bitcoin-backed reserve strategy.
Tether Engages Big Four Firm for First Full Audit
Tether hires Big Four firm for first full audit, reviewing reserves, systems, and transparency behind $184B USDT circulation.
Tether CEO Paolo Ardoino Highlights USDT’s Broad Global User Base
Tether CEO Paolo Ardoino says USDT has low sender concentration and serves over 550M users worldwide.
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