Tether International reported a $1.04 billion operating profit in Q1 2026, supported by $191.8 billion in total assets and nearly $183 billion in USDT circulation. The company's reserves are heavily weighted in U.S. Treasuries at $141 billion, with additional diversification into $20 billion in gold and $7 billion in bitcoin. This strategy leverages high-yield sovereign debt to generate earnings while broadening asset exposure, reflecting Tether's growing role in global dollar liquidity and stablecoin markets. The firm is also pursuing a full audit to improve transparency amid increasing regulatory scrutiny.
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...
Revolut will remove Tether's USDT stablecoin from eligible European accounts by August 31, following the EU's new Markets in Crypto-Assets (MiCA) regulations. Users can buy USDT until July 6 and must sell, withdraw, or transfer their holdings by the ...
