Tether reported over $1 billion in profit for Q1 2026 while increasing its reserve buffer to about $8.2 billion. The company’s total assets reached approximately $192 billion, with liabilities near $184 billion, maintaining strong overcollateralization and liquidity. Tether holds around $141 billion in U.S. Treasury-backed assets and about $20 billion in gold and other liquid assets, supporting the stablecoin USDT’s steady circulation. The firm also owns 97,141 Bitcoin valued at $7.5 billion, using profits to diversify reserves, and launched tether.wallet to expand access to digital assets.
StablR's stablecoins EURR and USDR lost their pegs after attackers exploited a weak multisig wallet setup, stealing about $2.8 million worth of crypto. The breach was due to a compromised private key, not a smart contract flaw, allowing hackers to mi...
Plasma, a Layer-1 blockchain built specifically for stablecoin payments and backed by Tether and Founders Fund, has quickly become the second largest destination for USDT0 stablecoin transfers, accumulating over $27 billion in inflows since its mainn...
Peaq demonstrated a delivery robot autonomously navigating a simulated Seoul environment and making payments onchain using USDT stablecoin. The robot operated on peaqOS, a blockchain-based system providing decentralized identity, embedded wallets, an...
A large transfer of 52.16 million USDT stablecoins to Binance has been detected, drawing attention from traders monitoring significant stablecoin movements. While such transfers often indicate preparation for trading activities like buying cryptocurr...
Tether's USDT stablecoin supply surged by over $5 billion in one month, reaching nearly $190 billion and capturing about 60% of the stablecoin market. Meanwhile, competitors like USDC, PYUSD, and USDe lost a combined $4.2 billion, reflecting a market...
