Binance Collaborates with Tether, Circle, and Others to Expand Stablecoin Support
The world's largest cryptocurrency exchange Binance announced that it, along with Tether, Circle, and other unnamed companies, is going to expand support for stablcoins. "To improve user security, Binance has reached out to other market players, including ...
Tether Collaborates with Tbilisi Business and Technology University to Foster Blockchain Education
The management of the operator of the largest stabelcoin by capitalization Tether signed an agreement with Tbilisi Business and Technology University (BTU). The company said the partnership will give students the knowledge and skills they need to work in the digital econo ...
Tether Reports Record Profits and Transparency in First Quarter 2023
Bank deposits are down more than 90% Tether added gold and BTC to its asset reserves for the first time Tether released an analysis of its first quarter 2023 report. Tether posted record net income of $1.48 billion in the first quarter, raising its reserve surplu ...
Tether Releases Q1 2023 Results, Reports $1.48 Billion Net Income
Tether, the issuer of the first capitalized USDT stabelcoin, released its results for the first quarter of 2023. According to the report, the company's net income was $1.48 billion. The company's total assets reached $81.8 billion. Of these, about $2.44 billion are claime ...
Tether Dominates Stablecoin Market with Over 51% Share
According to CoinGecko, Tether has gained a majority share in the stablecoin market, surpassing 51% for the first time since May 2022. As of February 13, the total market capitalization of stablecoins was $137.2 billion, with Tether accounting for $68.4 billion of that amount. The second-largest ...