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Tron, Tether, and TRM Labs say their joint financial crime unit has frozen more than $250 million in illicit crypto assets since launching less than a year ago, and is…
Web3 payments infrastructure firm Transak has raised $16 million in a strategic funding round co-led by IDG Capital and Tether. The company plans to use the funds to expand its…
Leading stablecoin issuer Tether has acquired a minority stake in Spanish crypto exchange Bit2Me, leading a 30 million-euro ($35 million) investment round to support the exchange's growth in Europe and…
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Tether, the company behind the market’s largest stablecoin USDT, has announced major financial results for the second quarter (Q2) of the year, reporting a net profit of $4.9 billion.
Tether Achieves…
In brief
Tether reported a second-quarter profit of $4.9 billion.
CEO Paolo Ardoino teased a new U.S. venture.
The stablecoin is still partly backed by Bitcoin and precious metals.
Tether reported a second-quarter profit…
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Tether’s USDT minting has surged dramatically this July, and the stablecoin issuer just created another $1 billion USDT tokens, which actually pushes the month’s total to $8 billion. This aggressive…