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.
Results for Stablecoins
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Justin Sun bailed out $500M stablecoin TUSD, report
Filings reveal that Techteryx, the firm behind TrueUSD, required a loan from Justin Sun after its reserves got stuck in First Digital Trust.
— Stablecoins, Trump
World Liberty Financial announces USD1 without governance vote
World Liberty Financial has announced USD1, its new stablecoin, without consulting with governance token holders.
PayPal and Ripple stablecoins still sub-1% despite ‘stablecoin gold rush’
Despite excellent political and banking conditions for stablecoins, PayPal’s PYUSD and Ripple’s RLUSD are still less than 1% of the market.
Every time Tether was going to get an audit
Tether has frequently promised to get an audit and has reiterated that promise again as it brings in a new CFO.
What to expect at today’s US Crypto Czar press conference
"Crypto Czar" David Sacks is expected to announce the names of industry leaders who will join Donald Trump’s newly-formed advisory council.
Tether is ready to move to El Salvador
Tether has announced that it's ready to move to El Salvador after receiving its Digital Asset Service Provider (DASP) license.
Ripple billionaires’ RLUSD captures less than 0.04% of stablecoin market
The billionaire-backed Ripple USD (RLUSD) has failed to capture even 0.05% of the stablecoin sector’s market capitalization.
Tether became a political powerhouse in 2024
Tether has increasingly had to find political allies to continue growing and Howard Lutnick of Cantor Fitzgerald has been happy to oblige.
— SEC, Stablecoins
TUSD up to 99.7% backed by speculative assets despite SEC settlement
Dollar-pegged stablecoin TUSD may still be up to 99.7% backed by speculative assets, despite an SEC settlement that alleged this behavior.