Tether and Circle generated a combined $169.34 million in protocol revenue over seven days ending Oct. 28, with Tether earning $121.23 million and Circle $48.11 million. These revenues come from returns on assets backing their stablecoins and related fees, not net income. Meanwhile, decentralized exchange (DEX) trading volume fell 11.3% in the same period. Although DEX activity dropped, it did not necessarily reduce the issuers' revenue. Both companies reported strong quarterly profits, with Tether's Q2 net operating profit around $1.5 billion and Circle's reserve income up 5% year-over-year to $668 million in Q2.
Tether's USDT token trades at Rp18.175 on Pluang as of Oct 29, 2026 04:03 WIB, showing a modest 0.56% gain in the past day. Despite strong protocol revenues reported by Tether and Circle, Pluang data reveals a predominantly selling sentiment with 80% of orders being sell orders. The typical hold time for USDT on Pluang is 92 days, indicating a medium-term investment horizon among users.
Tether and Circle topped DeFiLlama's revenue rankings with a combined $169.34 million over seven days, driven by yields from their stablecoin reserve assets. Despite a decline of 11.3% in decentralized exchange (DEX) spot trading volume, these stable...
Tether has launched the Financial Access and Systemic Empowerment Foundation (FASE), a Swiss nonprofit with 11 founding members including Kraken, Chainalysis, and Solana Foundation, and the UNODC as a strategic partner. FASE focuses on youth cybercri...
Pepe (PEPE) token rose sharply by 17.09% to $0.00000501, significantly outpacing Bitcoin's 2.34% and Ether's 2.76% gains over the same 24-hour period. This notable increase highlights Pepe's strong momentum in the digital asset market compared to maj...
Circle's USDC stablecoin has overtaken Tether's USDT in trading against the euro, now holding 56% market share compared to 10% in early 2024. This shift is driven by the European MiCA regulation, which has restricted USDT's use in the European Econom...
Four large Tether (USDT) transfers totaling $765.3 million occurred between Bitfinex and Tether Treasury within three hours ending at 2:03 a.m. ET on October 28. Three transfers moved USDT from Bitfinex to Tether Treasury, while one transfer moved th...
