Tether reported a profit exceeding $1 billion in the first quarter of 2026 despite volatile market conditions. The company's reserves reached a record $8.2 billion, backed by approximately $141 billion in US Treasuries, $20 billion in gold, and $7 billion in Bitcoin. Tether remains one of the largest holders of US government debt and maintains a liquidity-heavy portfolio with assets and liabilities carefully separated. This strong financial position highlights ongoing global demand for digital dollars and Tether's resilience in uncertain markets.
The UK government plans to limit overseas political donations to £100,000 annually, impacting Reform UK, which relies heavily on donations from Christopher Harborne, a British-Thai billionaire with a 12% stake in Tether. Harborne has donated over £22...
Visa reported a record $1.79 trillion in adjusted stablecoin transaction volume for June, surpassing the previous high from February. USDC dominated with 67% of the volume, mainly on Solana and Coinbase's Base network, reflecting growing adoption and...
Bitcoin started July strong, trading above $63,000 after a tough first half of 2026, with a 6.09% weekly gain despite being down nearly 28% year-to-date. The rebound is driven by large holders aggressively buying the dip, while institutional demand w...
Revolut will stop supporting Tether's USDT stablecoin by August 31, 2026, to comply with the EU's MiCA regulations, which require stablecoins to have EU approval. Users can no longer buy USDT after July 6 and deposits will be disabled after July 30. ...
Revolut will remove Tether's USDT stablecoin from its platform by August 31, 2026, disabling purchases from July 6. This move aligns with regulatory and risk considerations under the EU's new Markets in Crypto-Assets (MiCA) rules, which have led othe...
