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Tether taps Big Four firm for audit after years of infamous vagueness

Tether taps Big Four firm for audit after years of infamous vagueness

Tether is finally doing the thing it kept saying it would do for years—getting a real audit. CEO Paolo Ardoino confirmed the company is “engaging w...
Mar, 21, 2025
6 min read
by CryptoPolitan
Tether Takes ‘Historic’ Step Towards Transparency With Full Audit and New CFO Appointee

Tether Takes ‘Historic’ Step Towards Transparency With Full Audit and New CFO Appointee

The stablecoin issuer Tether has hired a new chief financial officer (CFO) and committed to completing a full audit. The veteran finance executive ...
Mar, 05, 2025
2 min read
by The Daily Hodl
Tether promises full audit with new CFO as transparency continually questioned

Tether promises full audit with new CFO as transparency continually questioned

Tether has reaffirmed its commitment to transparency by pledging to complete a “full audit” following the appointment of Simon McWilliams as its ne...
Mar, 03, 2025
2 min read
by CryptoSlate
Tether and Circle mint 1B USDT on Tron and 250M USDC on Solana, respectively

Tether and Circle mint 1B USDT on Tron and 250M USDC on Solana, respectively

The world’s largest stablecoin issuer, Tether, minted an additional $1 billion worth of USDT on the Tron network in the past 11 hours. At the same ...
Feb, 19, 2025
4 min read
by CryptoPolitan
SEC to wrap up Biden-era crypto cases, seeks extension in Coinbase fight

SEC to wrap up Biden-era crypto cases, seeks extension in Coinbase fight

The SEC is closing the book on its Biden-era crypto enforcement crusade. On Friday, the agency told a Manhattan appeals court that a resolution in ...
Feb, 15, 2025
3 min read
by CryptoPolitan
Tether Made $13 Billion in Net Profit

Tether Made $13 Billion in Net Profit

Issuing the most popular stablecoin USDT, Tether has reported a record $13 billion in net income through 2024.
Feb, 05, 2025
1 min read
by Coinpaper
Kraken to Delist USDT and 4 Other Stablecoins Ahead of MiCA

Kraken to Delist USDT and 4 Other Stablecoins Ahead of MiCA

Kraken announced the phased delisting of USDT and four other stablecoins in the European market to comply with the EU’s MiCA regulations.
Feb, 03, 2025
6 min read
by Coinpaper
Stablecoin Issuer Tether Posts $7,087,270,541 in Excess Reserves at End of 2024

Stablecoin Issuer Tether Posts $7,087,270,541 in Excess Reserves at End of 2024

An independent audit reveals that stablecoin issuer Tether (USDT) had billions of dollars of excess reserves at the end of last year. According to ...
Feb, 02, 2025
2 min read
by The Daily Hodl
Tether Announces $13 Billion in Net Profits for 2024

Tether Announces $13 Billion in Net Profits for 2024

Tether has reported a record-breaking $13 billion in profits for 2024, solidifying its dominance in the stablecoin market.
Feb, 02, 2025
3 min read
by CryptoTicker
Tether discloses 83,758 BTC holdings and $13 billion profit in 2024

Tether discloses 83,758 BTC holdings and $13 billion profit in 2024

Tether reported $7.8 billion in Bitcoin (BTC) holdings in the fourth quarter, which boosted its profits to over $13 billion last year. The company’...
Jan, 31, 2025
2 min read
by CryptoSlate