Monday, September 29

Tag: Tether

Tether Issues $20B in USD₮ YTD, Becomes One of Largest U.S. Debt Holders with $127B in Treasuries, Net Profit ~$4.9B in Q2 2025 Attestation Report
No Comments
World

Tether Issues $20B in USD₮ YTD, Becomes One of Largest U.S. Debt Holders with $127B in Treasuries, Net Profit ~$4.9B in Q2 2025 Attestation Report

Tether International, S.A. de C.V. (TI) today published its Q2 2025 attestation, completed by BDO, a top-five global independent accounting firm. The report confirms the accuracy of Tether’s Financial figures and Reserves Report (FFRR) and provides a transparent, detailed view of the assets backing USD₮ as of June 30, 2025. Q2 2025 marked a new chapter in Tether’s global expansion, with over $13.4 billion USD₮ issued, bringing the circulating supply to more than $157 billion (a $20 billion increase year-to-date). This continued growth signals not only the accelerating adoption of USD₮ but also a deepening trust in Tether as the most stable, transparent, and resilient digital dollar instrument in the world. Total exposure to U.S. Treasuries – including $105.5 billion in direct ho...
Read More
Tether Investments Announces Strategic Minority Stake in Juventus Football Club
No Comments
Sports

Tether Investments Announces Strategic Minority Stake in Juventus Football Club

Tether, the largest company in the digital asset industry, announced that it has acquired a minority stake in Juventus Football Club S.p.A. (“Juve”), one of the most successful and iconic football clubs in the world. This investment marks a significant milestone for Tether.  Following the unveiling of its long-term strategic vision, which spans from leading the digital asset industry with USDt, the most used stablecoin in the world with a market capitalization of more than 140 billion USD and more than 400 million users across emerging markets, to acquiring and developing leading companies in the Artificial Intelligence (“AI”), bitcoin mining and biotech spaces, Tether is now uniquely positioned to integrate its futuristic portfolio into the realms of the sports industry. While ...
Read More
Tether Announces Strategic Investment in Zengo Wallet to Advance Global Stablecoin Adoption
No Comments
Technology

Tether Announces Strategic Investment in Zengo Wallet to Advance Global Stablecoin Adoption

Tether, the largest company in the digital assets industry, has completed a strategic investment in Zengo Wallet, a leading self-custodial crypto wallet known for its focus on security and usability. The investment underscores Tether’s commitment to advancing secure self-custody solutions and driving the global adoption of stablecoins. Zengo Wallet is recognized for its innovative approach to self-custody, eliminating traditional seed phrase vulnerabilities while building a record of success. Since its launch in 2019, the wallet has served over 1.5 million users worldwide, protecting digital assets without a single wallet being hacked, phished, or taken over. This innovative approach aligns with Tether’s vision of making blockchain-based financial tools more secure and accessible. Th...
Read More
Tether Invests In StablR To Promote Stablecoin Adoption In Europe
No Comments
Technology

Tether Invests In StablR To Promote Stablecoin Adoption In Europe

Tether, the largest digital asset company in the world, has invested in StablR, the European stablecoin provider, which seeks to accelerate adoption in the region.  Tether’s investment into StablR signals its commitment to the European market and its support for leading, fully regulated stablecoins. The decision comes amid a number of stablecoin launches in Europe, including StablR’s EURR and USDR, which are poised to unlock improved liquidity management, reduced transaction cost, and significant savings for their users.  The European stablecoin market, with a market cap of almost $400M for EUR-pegged stablecoins alone, has experienced significant momentum in recent months, driven by the impetus of the EU’s MiCA framework which is set to come into full effect on December 30th. T...
Read More
//otieu.com/4/4670376