Tether Reports $1 Billion Operating Profit and $5.6 Billion in Excess Reserves for Q1

The latest report on Tether indicates an impressive $1 billion in operating profit for the first quarter of 2025, backed by reserves totaling $5 billion. This financial milestone highlights the stablecoin’s robust performance and solid position in the market. Tether, a leading stablecoin in the cryptocurrency industry, has seen a significant increase in its operating [...]

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Belarus President Orders Development of Crypto Mining to Harness Excess Electricity

The President of Belarus has announced that the country has surplus electricity, paving the way for the growth of the crypto mining industry. President Alexander Lukashenko shared during a recent meeting that they are ready to welcome more crypto miners as they have abundant resources available. This surplus of electricity presents a unique opportunity for [...]

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Tether's Financial Triumph: Record $2.85B Q4 Profit and Strategic Asset Growth

Tether Holdings Limited reported a Q4 2023 profit of $2.85 billion, boosted by US Treasuries, Gold, and Bitcoin reserves, and a net profit of $6.2 billion, showcasing strong financial health. (Read More)

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