USD Coin / Tether Forum & Chats (KUCOIN:USDCUSDT)

yesterday

Paolo Ardoino, CEO of stablecoin issuer Tether Holdings Ltd., said the company's net profit this year is expected to exceed $10 billion, and Tether will invest more than half of its net profit this year.

Dec 3

Tether has minted 1,000,000,000 USDT on Ethereum.

Nov 8

Tether announced that its investment arm, Tether Trade Finance, has completed funding of the first USDT-based Middle Eastern crude oil transaction. The transaction, which will be completed in October 2024, aims to facilitate the loading and transportation of 670,000 barrels of Middle Eastern crude oil, valued at approximately $45 million

Nov 2

Stablecoins added 650M to their market cap in October, with Usual Money’s USD0 leading in percentage growth, up 31.4% for a total of 353.9M.

USD0 is an RWA-backed stablecoin minted with USDC and USYC, a stable backed by short-term U.S. Treasury Bills.

Oct 24

Tether Holdings has proposed using digital assets and blockchain technology to revolutionize Turkey's boron market and establish a digital-asset exchange in Istanbul.

Sep 18

Tether reports a record-breaking 5.2B profit for the first half of 2024

With 97.6B in US Treasuries, Tether now ranks among the top global holders of US debt, surpassing nations like Germany and Australia.