Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this…
Tether, the company behind the market’s largest stablecoin USDT, has announced major financial results for the second quarter (Q2) of the year, reporting a net profit of $4.9 billion. Tether Achieves $5.7 Billion In Earnings For H1 2025 According to the report, this surge in profitability comes amid the issuance of over $13.4 billion in…
Tether, the entity behind the world’s largest stablecoin by market capitalization, USDT, has experienced a downgrade in its rating by S&P Global. This decision, made public on Wednesday, stems from what the agency describes as “persistent gaps in disclosure” and a growing allocation of “high-risk assets” within Tether’s reserves. The assets highlighted include Bitcoin (BTC),…