Tether, issuer of the largest stablecoin USDT, posted a $1.5 billion net profit in Q2 2026, with USDT's market cap rising to $184.6 billion, capturing 60% of the stablecoin market. The company increased its gold holdings by 14 tons, now valued at $18.8 billion, and holds nearly $115 billion in U.S. Treasuries, alongside 98,932 Bitcoin worth $5.8 billion. Tether's assets exceed liabilities by $4.11 billion, demonstrating strong financial health amid market challenges. The company also hired KPMG for its first full third-party audit, enhancing transparency as its user base grows by over 30 million.
Tether CEO Paolo Ardoino highlighted that USDT, the largest stablecoin, is increasingly vital for developing countries, facilitating both domestic and cross-border trade. Emerging economies like Venezuela and Bolivia rely on USDT to hedge against fai...
Two violent home invasions in France led to $667K in crypto theft at knifepoint, traced by investigator ZachXBT to a suspect flaunting wealth on Telegram. The stolen Bitcoin was laundered through Chainflip and KuCoin, with some converted to USDT on E...
USDT stablecoin usage is growing rapidly in Venezuela, Argentina, Bolivia, and Turkey as citizens seek to protect their wealth amid currency depreciation and limited access to physical U.S. dollars. These countries face high inflation and economic in...
Tether's stablecoin USDT gained about 1.6 million new holders last week, significantly outpacing USDC's 591,100 new holders, showing stronger adoption despite a cooling stablecoin market. USDT's market cap is around $183 billion, about 2.5 times larg...
USDT deposits on Aave V3 increased by $526 million over three months, pushing total deposits to about $3.03 billion by late July 2026. This surge reflects strong demand for stablecoins in decentralized lending, with active USDT loans reaching $2.5 bi...
