#tether

#tether

Tether reported $2.5 billion in Q3 profits, totaling $7.7 billion year-to-date, driven by U.S. Treasury yields and rising gold prices.

Cryptocurrency prices fell after a report of a U.S. investigation into stablecoin issuer Tether for violations of sanctions and anti-money laundering rules.

Tether aims to enter the $10 trillion trade finance industry by financing commodity transactions, starting with a $45 million crude oil deal.

Tether's market-driven approach has proven more effective than meme-stablecoins' regulatory compliance focus.

USDT is essential for financial stability in inflation-stricken nations.

Tether supports the U.S. dollar via significant T-bill holdings.

Tether's strategic focus has established its necessity in the market, contrasting with meme-stablecoins that face compliance challenges.

The U.S. is investigating Tether for alleged illicit use of its stablecoin, impacting its market position.

Tether reported $5.2 billion profits in H1 2024 and holds $97.6 billion US debt surpassing countries like Germany.

USDT's market dominance has grown significantly, reaching a 75% share of the stablecoin market.

Paolo Ardoino, CEO of Tether Holdings, leads a small team to generate $10 billion in annual profit, surpassing larger tech companies.

Tether hires Jesse Spiro to reinforce its commitment to regulatory relations amidst U.S. investigations and evolving stablecoin legislation.

Tether invests $100 million in Adecoagro to advance tokenization of agriculture through collaboration on new stablecoins.

Tether's CEO advocates for sensible U.S. crypto regulations, emphasizing the importance of cooperation with law enforcement and the global benefits of stablecoins.

Tether (USDT) enables SSS contributions in the Philippines with Uquid partnership.

Tether's market cap grows to $157 billion with significant dominance in stablecoin market.

Tether faces challenges with EU MiCA regulations, risking access to European markets for stablecoins.