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Tether records lower annual profit after boosting asset reserves
Yahoo Finance· 2026-01-31 20:20
Stablecoin giant Tether on Friday posted a $10 billion profit for 2025, down from the previous year as the company quickly stocked up on assets. The private firm, based out of the Salvadoran capital of San Salvador, posted a $13 billion profit for 2024. Tether did not explain why its profits for last year were down but did say it had made a “shift toward highly liquid, low-risk assets” and that total reserves hit a high of $193 billion. “USDT expanded because global demand for dollars is increasingly mo ...
X @Decrypt
Decrypt· 2025-08-28 20:55
Stablecoin giant @Tether_to is pushing further into the Bitcoin ecosystem, announcing on Thursday that it would make its USDT token available on the largest crypto network via the RGB protocol. https://t.co/ES0JWjK1Ik ...