Bringing real world currency to the blockchain.
Tether was founded by a group of Bitcoin enthusiasts and early adopters, passionate about facilitating the use of fiat currencies in a digital manner. In 2014, the company launched Tether.to, a blockchain-enabled platform aimed at disrupting the conventional financial system with a more modern approach to money.
While the current correction remains in line with historical price corrections, Bitcoin could briefly fall to the $50,000 mark after losing the average ETF inflow …
Tether reported a record net profit of $4.52 billion in the first quarter of 2024. This profit came from issuing stablecoins and managing reserves, with
The majority, or $3.52 billion, of the profit stemmed from the firm’s financial gains on Bitcoin and gold, while the additional $1 billion came from …