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news-imageNovember 2, 2024

CEO Ardoino On Tether Q3 Performance: $2.3 Billion Gains And What Lies Ahead For The Stablecoin

On Thursday, Tether (USDT), the world's largest stablecoin issuer, released its third-quarter (Q3) assurance opinion report, revealing substantial financial results amid the broader market recovery led by Bitcoin (BTC). Total Tether Assets Reach All-Time High Conducted by accounting firm BDO, the report highlights Tether's growth, with a net profit of $2.5 billion for Q3, contributing to a consolidated profit of $7.7 billion for the first nine months of 2024.
Publisher: NewsBTC
Sentiment: Positive
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cover-imageCrypto Economy
January 2, 2025

Tether Market Cap Slips Amid MiCA Compliance Concerns

TL;DR Tether (USDT) has suffered a drop of more than 1% in its market capitalization due to the implementation of MiCA regulation in the European Union. Several European exchanges have removed USDT from their offerings. However, the impact is mitigated by Tether's strong presence in markets outside the EU.

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cover-imageThe Currency Analytics
January 1, 2025

Tether USDT Delisting: What Investors Need to Know

One of the largest cryptocurrency exchanges, made the headline-grabbing decision to delist Tether's USDT. This move followed the implementation of the European Union's MiCA (Markets in Crypto Assets Regulation), which went into effect on December 30, 2024.

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