
Tether hits $7.7 billion in profit YTD as reserves reach record high
The company added nearly $5 billion in US treasuries and 7,100 Bitcoin to its assets.
Follow stablecoin news, issuer updates, market share changes, regulation, reserve transparency, and payment adoption trends.

Striped paid more than 5x more than the stablecoin platform's $200 million valuation.

Despite the high crypto activity, stablecoin adoption on US-based exchanges have plummeted during the past year.

Stripe's pursuit of Bridge signifies a deeper commitment to stablecoin technology for faster global transactions.

Partnering with fintech firm Lightnet, SCB aims to revolutionize cross-border transfers with stablecoin remittances.

Ripple's RLUSD stablecoin to revolutionize global crisis relief.

Tether said its USDT saw a record user number with 36.25 million new quarterly additions during the third quarter of this year.



