Tag Archives: tether

Solana-Based Drift Protocol Announces $150M Recovery Fund, New Token Following Tether Collab

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Solana-based decentralized exchange (DEX) Drift Protocol has shared the highly anticipated user recovery plan alongside Tether and other collaborators. This move follows the major exploit that drained $285 million from the project’s vaults two weeks ago. Drift Protocol Secures $150M Recovery Fund On Thursday, Drift Protocol, the largest decentralized perpetual futures exchange on the Solana… Continue reading Solana-Based Drift Protocol Announces $150M Recovery Fund, New Token Following Tether Collab→

Circle (CRCL) Crashes Below $100 After Senate Revises Crypto Bill To Ban Stablecoin Rewards

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Circle Internet Financial, the issuer behind the USDC stablecoin — the second-largest dollar-pegged cryptocurrency — saw its stock, CRCL, tumble 22% on Tuesday to $98 as lawmakers reportedly moved to tighten rules around stablecoin yields.  The selloff followed reports that a revised draft of the Senate Banking Committee’s CLARITY Act would broadly prohibit platforms from… Continue reading Circle (CRCL) Crashes Below $100 After Senate Revises Crypto Bill To Ban Stablecoin Rewards→

Tether Breaks Records: $10B Profit And $186B USDT Now In Circulation

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Tether closed out the year with numbers that turned a few heads in finance circles. Reports say the firm posted net profits above $10 billion for 2025 while the stablecoin USDT grew to roughly $186 billion in circulation — a new high for the token and a sign of how central it has become to… Continue reading Tether Breaks Records: $10B Profit And $186B USDT Now In Circulation→

Tether Reveals Massive Gold Accumulation In Q4: Adds 27 Tons To Reserves

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Tether, the company behind the world’s largest stablecoin USDT, has disclosed a substantial expansion of its gold holdings, underscoring a growing shift toward hard‑asset backing amid uncertainty across crypto and traditional financial markets.  Tether Expands Gold‑Backed Stablecoin Reserves Gold crossed the $5,000 per ounce threshold for the first time on Monday, a milestone that market… Continue reading Tether Reveals Massive Gold Accumulation In Q4: Adds 27 Tons To Reserves→

You Won’t Believe How Much Bitcoin Companies Now Hold, What % Of Supply Do They Control?

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Bitocin treasury companies continue to accumulate a significant amount of BTC despite current market conditions and now control around 5% of the total BTC supply. These companies are led by Michael Saylor’s Strategy and Metaplanet, which have recently raised fresh capital to buy the dip.  Bitcoin Treasury Companies Now Hold Over 1 Million In BTC… Continue reading You Won’t Believe How Much Bitcoin Companies Now Hold, What % Of Supply Do They Control?→

Global Banking Powerhouses Plan Issuing New Stablecoins Tied To G7 Currencies

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A consortium of major banks, including Bank of America, Citi, Deutsche Bank, Goldman Sachs, and UBS, announced on Friday that they will collaborate to explore the development of stablecoins pegged to G7 currencies.  A New Era For Crypto In Mainstream Finance The renewed interest in stablecoins comes in the wake of US President Donald Trump’s… Continue reading Global Banking Powerhouses Plan Issuing New Stablecoins Tied To G7 Currencies→

BNB Flips XRP’s Market Capitalization As Price Hits $1,300 Record High – What’s Next?

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As the crypto market rallies, BNB continues to hit new record levels, surpassing some of the largest cryptocurrencies by market capitalization and leading some analysts to suggest that its end-of-year run has just started.   BNB Sees 30% Weekly Run   After a massive Q3 rally, BNB has started the last quarter of the year… Continue reading BNB Flips XRP’s Market Capitalization As Price Hits $1,300 Record High – What’s Next?→

Rumble At The Core: How Tether Plans To Dominate The US Stablecoin Market

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Tether, the powerhouse behind the world’s largest stablecoin by trading volume, USDT, has unveiled a strategic plan to expand its presence in the US market, a landscape that has evolved significantly under the Trump administration.  With the recent enactment of the GENIUS Act, which establishes a new regulatory framework for stablecoins and cryptocurrency firms issuing… Continue reading Rumble At The Core: How Tether Plans To Dominate The US Stablecoin Market→

Tether Scoops $1 Billion In Bitcoin, Strengthening $10-B Stockpile

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According to Arkham, a wallet labeled “Tether: Bitcoin Reserves” received 8,889 Bitcoin in a single transfer from Bitfinex. The move added roughly $1 billion to Tether’s holdings and pushed the firm’s Bitcoin stash to about $9.8 billion based on the market price. It was one of the biggest single top-ups to its BTC balance this… Continue reading Tether Scoops $1 Billion In Bitcoin, Strengthening $10-B Stockpile→

SoftBank, Ark Invest Among Potential Investors In Tether’s $15 Billion Funding Round

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The industry’s largest stablecoin issuer, Tether (USDT), is reportedly in discussions with a series of leading firms including SoftBank Group and Ark Investment Management, for a significant funding round aimed at raising between $15 billion and $20 billion.  This capital influx could potentially value the company at an astonishing $500 billion. Bloomberg News first reported… Continue reading SoftBank, Ark Invest Among Potential Investors In Tether’s $15 Billion Funding Round→