Stablecoins are pegged to highly liquid assets such as the U.S. dollar and the tokens can drive demand for U.S. Treasuries by ...

Tether’s USDT stablecoin has once again asserted its dominance in the crypto ecosystem, with circulating supply skyrocketing ...

Tether has also stayed strong through market crashes and legal issues. This long track record gives people confidence that USDT is here to stay. Facing Competition but Still Leading. Sure, there are ...

But the CEO says that Tether has “no need to go public” – even in the wake of the overwhelming success of the initial public offering (IPO) of Circle, the second-largest stablecoin issuer. Last week, ...

Meanwhile, analysts are eyeing Tether’s booming financials—$13 billion in 2024 profits and a projected $515 billion valuation if it went public. Despite speculation from industry figures like Anthony ...

Tether CEO Paolo Ardoino has cooled down talks about the company going public anytime soon after Circle’s listing. Ardoino also discussed Tether’s valuation, saying it should be better than the $515 ...

Jon Ma extrapolated that based on Tether’s $13 billion in 2024 net profits and projected EBITDA of $7.4 billion for 2025, the firm could command a $515 billion valuation if public. “Tether valuation ...

Meanwhile, Tether’s sitting on a mountain of supply that might just become a liability. So on the utility front, USDC is making moves, stepping up its game and challenging USDT’s long-held dominance.

Tether’s market cap currently stands at over $153 billion. In early May, Tether published a report showing it held nearly $120 billion in U.S. Treasuries, with quarterly operating profit exceeding $1 ...

Circle Internet Group issues USDC, a stablecoin that can be traded at a 1-to-1 ratio for U.S. dollars, and EURC, which can similarly be traded for euros. Stablecoins are a fast-growing corner of the ...

Tether moved 10,500 BTC to back SoftBank’s investment in Twenty One Capital. The firm currently holds 42,041 BTC. Twenty One Captial will debut with over 42,000 BTC via a SPAC merger led by ...