Bitcoin24h $90,907.08+0.06%

Ethereum24h $3,102.57-1.53%

XRP24h $2.12-1.95%

BNB24h $892.03-0.37%

Solana24h $139.37+1.58%

TRON24h $0.2939-1.43%

Dogecoin24h $0.1420-2.67%

Cardano24h $0.3952-1.30%

Bitcoin Cash24h $638.60-0.25%

Chainlink24h $13.24-1.53%

Did BSTR get its bitcoin from Tether?

Adam Back’s BSTR Inc. is the fourth largest publicly traded BTC treasury company, yet questions about the source of its coins linger.

Stablecoins boom in 2025 — USDT, USDC and USD1 dominate

2025 has been a great year for stablecoins; we’re seeing new regulatory frameworks, and the president of the United States has launched one.

Tether has made BTC an important part of its reserves, but does that make Tether vulnerable if BTC falls?

Circle’s USDC has made substantial gains in 2025 across several metrics against its main stablecoin competitor, Tether’s USDT.

Circle’s upcoming IPO will provide a unique opportunity to value the world’s largest stablecoin issuer, Tether.