Bitcoin24h $64,990.56-1.15%

Ethereum24h $1,883.52-2.35%

BNB24h $566.99-0.48%

XRP24h $1.11-2.51%

Solana24h $75.49-2.87%

TRON24h $0.3315+1.11%

Hyperliquid24h $58.35-1.27%

Dogecoin24h $0.0699-3.51%

UNUS SED LEO24h $9.60-1.33%

Zcash24h $500.04-2.87%

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.

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.

World Liberty Financial has announced USD1, its new stablecoin, without consulting with governance token holders.

Despite excellent political and banking conditions for stablecoins, PayPal’s PYUSD and Ripple’s RLUSD are still less than 1% of the market.

Tether has frequently promised to get an audit and has reiterated that promise again as it brings in a new CFO.