Stablecoin issuer Tether posts $2.5B profit in Q3, driven by gold, Treasury holdings
Tether Holdings, the company that issues the largest stablecoin USDT (USDT-USD), turned in a net profit of $2.5B in Q3, with ...
Stablecoin Issuer Tether Says Third-Quarter Profit Was $2.5 Billion
Tether Holdings Ltd., the British Virgin Islands-incorporated operator of the largest stablecoin, said it posted net profit ...
financefeeds2d
Tether dives into $10T trade finance sector with major oil transaction
According to Ardoino, Tether currently holds a staggering $100 billion in U.S. Treasuries, over 82,000 Bitcoin worth roughly ...
XAUT (Tether Gold) Is Now Available for Trading on LBank Exchange
Road Town, British Virgin Islands-- (Newsfile Corp. - November 1, 2024) - In a significant move for cryptocurrency ...
Crypto Briefing2d
TRON DAO participates as gold sponsor at Binance Blockchain Week in Dubai
Geneva, Switzerland, November 8, 2024 – TRON DAO participated as a Gold Sponsor at Binance Blockchain Week 2024, held from ...
cryptoglobe9d
Tether Reports $2.4 Billion Q3 Profits on Treasuries and Gold Gains, Sees Global USDT Growth
Tether’s Q3 results reveal $2.4B in profits from treasury and gold investments, along with a 30% USDT market cap boost, driven by adoption in emerging markets.
Crypto Briefing10d
Tether increases Bitcoin and gold reserves in latest Q3 report
Tether holdings increase in Q3 2024 as Bitcoin and gold investments rise, net equity doubles, and diverse portfolio strategy ...
Cryptopolitan on MSN10d
Tether’s 9-month profits soar to $7.7 billion as reserves reach record high
Tether Limited reported $2.5 billion in net profit for the third quarter. bringing its year-to-date gains to a ...
Investing6d
Global Stablecoin Draws Support From Robinhood, Kraken, And Others
Leading companies in the Cryptocurrency space are throwing their support behind a new global Stablecoin that would be tied to ...
CoinDesk10d
Tether Reports $2.5B Profit in Q3, Holds Over $100B of U.S. Treasuries
The company also owns a significant amount of gold and the big move higher in the yellow metal boosted profits.
Internet of People10d
Tether increases its Bitcoin and gold holdings to $4.8B and $5B respectively
Tether's Bitcoin holdings have reached an impressive $4.8 billion, while its gold reserves now stand at $5 billion in Q3 2024 ...
Seeking Alpha10d
Stablecoin issuer Tether posts $2.5B profit in Q3, driven by gold, Treasury holdings
Tether Holdings, the company that issues the largest stablecoin USDT (USDT-USD), turned in a net profit of $2.5B in Q3, with unrealized gains from its gold and U.S. Treasury holdings among the ...