Tether Reaches New Milestone as USDT Adoption Expands Globally
Tether, the company behind the world’s largest stablecoin, has reached a new milestone that underscores its growing influence in global finance. According to CEO Paolo Ardoino, the company’s flagship token, USDT, is now held by a user base equivalent to 6.25% of the world’s population, a figure that highlights the expanding role of digital assets […]
Stablecoins 101: What Keeps Them Stable
The cryptocurrency world is often defined by volatility. Prices can rise or crash dramatically in hours, making most digital assets unsuitable for everyday transactions. This is where stablecoins come in. They are designed to maintain a steady value, offering the speed and efficiency of blockchain without the extreme price swings of assets like Bitcoin or […]
Tether Reverses Decision to Freeze USDT on Five Blockchains
Stablecoin issuer Tether has reversed its earlier decision to freeze USDT smart contracts on five blockchains, opting for a more flexible approach after community concerns. The company had initially planned to completely shut down support for Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand by early September. That move would have rendered USDT tokens […]
Ex–White House Crypto Director Bo Hines Joins Tether as Strategic Advisor
Tether, the world’s largest stablecoin issuer, has appointed former White House crypto policy director Bo Hines as a strategic advisor, signaling the company’s growing focus on the U.S. market. Hines, who recently stepped down from his government role where he helped shape digital asset policy, will now guide Tether’s strategy in navigating the evolving regulatory […]
Tether’s $4.9B Q2 Profit Signals Stablecoins’ Break Into Mainstream Finance
Tether, the world’s leading stablecoin issuer, has reported a record-breaking $4.9 billion profit for the second quarter of 2025. The strong performance highlights the explosive growth of the stablecoin market and the increasing role digital assets are playing in global finance. The bulk of Tether’s earnings came from interest generated on its vast holdings in […]