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news-imageFebruary 1, 2025

Tether's Financial Boom : $13B In Profit, $113B In Treasury Holdings

The crypto industry is evolving at a breakneck pace, with some players managing to establish themselves well beyond their original ecosystem. Tether, the undisputed leader of the stablecoin market, has just released a financial statement that illustrates its rapid ascent.
Publisher: Cointribune
Sentiment: Positive
USDT

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Negative
cover-imageBitcoin
February 1, 2025

Kraken to Delist USDT, Four Other Stablecoins for European Users

Crypto exchange Kraken said it will delist five stablecoins, including USDT, for users in the European Economic Area. Describing the move as a difficult decision, Kraken said the changes ultimately ensure its compliance and ability to provide an exceptional trading experience to European clients long term.

Positive
cover-imageCoinPedia
January 31, 2025

Tether Records $13 Billion Profit for 2024, Boosted by All-Time Highs in Bitcoin and U.S. Treasury Holdings

Last year was a great one for the crypto market, which saw strong price increases, including Bitcoin breaking the $100,000 mark for the first time. With Donald Trump winning the elections and becoming the first U.S. president to be a supporter of cryptocurrency, many crypto-related companies earned significant profits.

Positive
cover-imageCrypto Economy
January 31, 2025

Tether Integrates USDT with Bitcoin's Lightning Network for Instant Payments

TL;DR Tether has integrated its USDT stablecoin with Bitcoin's Lightning Network, enabling instant, low-cost transactions while maintaining Bitcoin's security and decentralization. The integration leverages the Taproot Assets protocol to enhance Bitcoin's ability to handle tokenized assets, transforming how stablecoins are used within Bitcoin's ecosystem.

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