Why is Tether 213% bigger than Circle but 8,000% more profitable?
Circle has filed to go public and admits that it is 98% less profitable than Tether despite sharing a similar business model.
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Circle has filed to go public and admits that it is 98% less profitable than Tether despite sharing a similar business model.
While the affected transactions come from distinct addresses, their transaction histories suggest they are from the same individual.
— HTX, Justin Sun
The Justin Sun-advised crypto exchange received $500M USDT from Tether that it distributed to a variety of other addresses.
Heka Funds is one of the largest USDT arbitrage funds. We asked its manager to comment on Tether as well as MicroStrategy and BTC.
Although bitcoin stole the show amid Donald Trump’s election, the unchanged price of USDT hid its own, equally significant victory.
The gang allegedly used USDT to evade China's foreign exchange regulations and provide a means for criminals to send their funds overseas.
Police in Miami arrested Maximilien de Hoop Cartier, heir to the Cartier jewelry fortune, for allegedly working with a Colombian drug cartel.
Tether's rebrand is in line with its previously announced plans to get into bitcoin mining, the data industry, and blockchain education.
Tether says it has completed a security audit to ensure that it has robust IT control measures in place to make sure its systems are safe.
Tether now has a market cap over $100 billion, representing a new peak in its role as the most important stablecoin.