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 froze over $1.5 billion in USDT connected to Binance's October 29 hack, but blockchain data shows the first major freeze happened 37 minutes after the largest transfer of 1.6 billion USDT. The freeze process spanned across Ethereum, TRON, and ...
At the Plan ₿ Forum in Lugano, Paolo Ardoino presented Tether as a key long-term infrastructure builder, drawing inspiration from Isaac Asimov’s Foundation series. The company emphasized its stablecoin USD₮ and introduced its open-source QVAC SDK, wh...
Eleven major cryptocurrency transfers totaling $1.72 billion occurred within three hours on Nov. 2, including a $239.7 million Tether transfer from Binance to an unknown wallet. Other significant moves involved Bitcoin, Ether, and USD Coin shifting b...
Tether CEO Paolo Ardoino presented the company as a builder of open-source financial infrastructure designed to endure societal decline, supported by a reported $1.5 billion net profit in Q3 2026 and nearly $8 billion in reserves. At the Plan ₿ Forum...
Tether froze more than 4.5 million USDT linked to a security incident at Brazilian exchange Mercado Bitcoin, which temporarily suspended deposits and withdrawals to investigate suspicious fund movements. Mercado Bitcoin confirmed no customer losses o...
