Tethers

LONDON : The world's largest stablecoin, Tether, said on Monday its assets rose 5.7 per cent to $86.5 billion in the second quarter of 2023, while it made more than $1 billion "operational profit", a 30 per cent increase on the previous…

Tether, one of the world's largest stablecoins by market value, said on Friday it had reserves worth $66.4 billion at the end of June, down from $82.4 billion at the end of March. The reserves statement on Tether's website comes a day after…

This week saw Bitcoin slipping again until it fell below the $22,000 level on Friday, losing more than 7% in a single day. Ether was affected too, as the second largest cryptocurrency by market cap fell below $1,700 on Saturday This week…

LONDON :Tether, the world's largest stablecoin by market value, said on Friday it had reserves worth $66.4 billion at the end of June, down from $82.4 billion at the end of March, a fall which Tether said was due to fulfilling $16 billion…