Crypto News
Tether Reports $1.04 Billion Q1 Profit and Record $8.23 Billion Reserve Buffer
Tether reported $1.04 billion in first-quarter net profit and record $8.23 billion excess reserves, with total assets approaching $192 billion.
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Crypto News
Tether Freezes 344 Million in USDT on Tron After US Law Enforcement Request
Tether froze $344 million in USDT on the Tron blockchain following requests from U.S. authorities, citing suspected illicit activity tied to the wallets.
Crypto News
Justin Sun Says Stablecoins Already Run Global Finance While Policy Lags Behind
TRON founder Justin Sun argues stablecoins have already become the default rails for global value movement, with regulation now the only remaining
Crypto News
KelpDAO Hack Triggers $300M Aave Borrowing Surge as Stablecoin Pools Hit 100% Utilization
The KelpDAO rsETH exploit has pushed Aave stablecoin pools to 100% utilization, forcing trapped depositors to borrow $300M against their own locked funds.
Crypto News
Tether Backs $150M Recovery Fund for Drift Protocol After $280M Exploit
Tether is leading a $150M recovery program for Drift Protocol following a $280M exploit, with Drift dropping USDC in favor of USDT for its platform
Crypto News
Tether Launches Self-Custodial Wallet With Gas-Free Transfers and Cloud Key Backup
Tether has launched tether.wallet, a self-custodial mobile app for USDT, Bitcoin, XAUT and USAT featuring gas-free transfers and human-readable usernames.