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Latest News

Keep up with what's happening in the crypto world in real-time.

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cover-imageThe Daily Hodl
February 2, 2025

Stablecoin Issuer Tether Posts $7,087,270,541 in Excess Reserves at End of 2024

An independent audit reveals that stablecoin issuer Tether (USDT) had billions of dollars of excess reserves at the end of last year. According to a recent audit by accounting firm BDO Global, Tether has $143.7 billion worth of reserves and about $136.613 billion worth of liabilities, bringing it to a surplus of about $7 billion.

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cover-imageThe Currency Analytics
February 2, 2025

Tether's 2024 Success: $13 Billion in Profits and Record-Breaking U.S. Treasury Holdings

Tether Holdings Limited, the issuer behind the world's largest stablecoin by market capitalization, USDT, has revealed impressive financial results for 2024. The company's Q4 report confirms a landmark year with net profits surpassing $13 billion, further solidifying Tether's dominance in the stablecoin space.

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cover-imageCointribune
February 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.

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cover-imageBitcoin
February 1, 2025

Tether Reports $13 Billion in 2024 Profits, Hits All-Time High in U.S. Treasuries and Reserves

Tether Holdings' Q4 2024 report showed the company's dominance of the stablecoin market with yearly net profits exceeding $13 billion. Tether Hits All-Time Highs in U.S. Treasury Holdings Tether Holdings Limited has released its Q4 2024 attestation, confirming record-breaking financial performance with net profits exceeding $13 billion for the year.

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cover-imageCoinPedia
February 1, 2025

Kraken to Delist USDT and Other Stablecoins in Europe Ahead of MiCA Rules

Kraken, one of the world's largest crypto exchanges, has announced that it will delist Tether (USDT) and four other stablecoins in the European Economic Area (EEA). Meanwhile, the delisting process will unfold in multiple stages, with automatic conversions of remaining holdings set for March 31, 2025.

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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.

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cover-imagePYMNTS
February 1, 2025

Tether Reportedly Made $13 Billion In Profits in 2024

Stablecoin issuer Tether says it made $13 billion in profits during 2024. That “eye-popping” figure — as Bloomberg News put it in a report Friday (Jan. 31) — would put the closely-held company in the same company as Goldman Sachs.

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cover-imageBitcoin
January 31, 2025

Tether and Lightning Labs Partner to Bring USDT to Bitcoin's Base Layer

Tether announced that USDT will be integrated into the Bitcoin ecosystem, including both its base layer and the Lightning Network. Bitcoin's ‘Unmatched' Decentralization Stablecoin issuer Tether announced Jan. 30 that USDT will be integrated into the Bitcoin ecosystem, including both its base layer and the Lightning Network.

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