Tether Posts Massive First Quarter Profits of $1.48 Billion
In its latest assurance report, the company behind the USDT stablecoin says it has seen “tremendous success.”
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Can tokenized assets continue to scale faster than the revenue models behind them?
Securitize closed its first quarter as a public company with average tokenized assets under management hitting a record $4.3 billi...
Maple Finance ranks as second-largest crypto lender behind Tether
Maple Finance's rise highlights the shift towards secured lending in crypto, emphasizing risk management and institutional trust i...
Bitcoin Blows Past $70,000 as Nearly $3 Billion in Shorts Are Liquidated
Bitcoin has climbed as high as $71,000 in a move that kicked off Wednesday, its first move above $70,000 in two months, and the ra...
Wall Street piled $1.2 billion into MSTR in Q2 before Strategy turned its Bitcoin flywheel toward rescuing STRC
Wall Street institutions increased their exposure to Strategy's MSTR in the second quarter, just before Michael Saylor’s Bitcoin a...
Bitcoin Hits $70,000 as Trump Pushes CLARITY Act, Hyperliquid Surges and $1.4 Billion in Shorts Get Wiped Out
By late trading, Bitcoin was changing hands around $69,200, up approximately 7% over 24 hours after starting the session near $64,...
How Maple Finance Became the #2 Crypto Lender Behind Tether — Sid Powell Explains
🎧 Listen to Interview 💻 Watch Video... Read the full story at The Defiant