Tether's net profit hits new high with $800 million in monthly profit
Tether’s total equity reached an all-time high of $14.2 billion, with consolidated assets of $134.4 billion.

Tether’s total equity reached an all-time high of $14.2 billion, with consolidated assets of $134.4 billion.
The U.S. Treasury's OFAC has sanctioned Cambodian businessman Ly Yong Phat and his companies for exploiting trafficked workers in online scam centers.
This article will take the incident in which Cambodia Huiwang Group had 29.62 million USDT frozen by Tether as an example to analyze and explain this.
Three individuals involved in Singapore's $3 billion money laundering case were deported to Cambodia, leaving only two gang members still in prison.
JP Morgan criticizes Tether's market control, citing risks; Tether CEO defends, emphasizing regulatory cooperation and industry significance.
The National Bank of Cambodia (NBC) has recently solidified its collaboration with Alipay, marking a pivotal step in enabling cross-border transactions for users of the NBC's digital currency, the bakong.
As the popularity of crypto assets increases, adoption is becoming wider. Several individuals and businesses are joining the moving train ...
Crypto exchange Binance has signed similar agreements with governments in Kazakhstan, Dubai and Bermuda.
With a peso-backed stablecoin, Tether is essentially “recreating the foreign exchange market with a Tether product,” Ardoino said.
Paolo Ardoino, chief technology officer, of Tether and Bitfinex, explains why USDT will retain its dominance in an increasingly competitive stablecoin market.