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If you look in the X bios of many of the people FUDding Tether, it's easy to understand their play. A poorly coordinated campaign, pushed by competitors. It won't work as it never worked. Seguimos.
Meanwhile in reality, Tether is seeing next level adoption across product lines.
300+ businesses, institutions and sovereigns signed up to use Hadron by Tether to launch stablecoins, bonds, equities, commodities, real estate and rewards. Within 4 weeks of Hadron launch, 4 MiCAR regulated stablecoins launched. Results > FUD.
A milestone to celebrate!!!
After 3 years of driving liquidity ecosystem-wide, Raydium is officially the first AMM on Solana to reach the 100bn+$ total trading volume mark! Cheers, and thank you to our community and partners for their continued support! ❤️🫂 Solana DeFi is happening! Let's scale, let's…
After 3 years of driving liquidity ecosystem-wide, Raydium is officially the first AMM on Solana to reach the 100bn+$ total trading volume mark! Cheers, and thank you to our community and partners for their continued support! ❤️🫂 Solana DeFi is happening! Let's scale, let's…
Remember when many of hedge funds shorted $USDt on secondary markets, trying to cause a bank run? Their only result was proving Tether's resiliency while almost all the rest of the Crypto industry was melting down. Tether was able to redeem and pay 7B USD in 48 hours and more…
I asked @paoloardoino the CEO of Tether what he thought of @circle's comments in congress. Were they encouraging Treasury to take out Tether's banks? Haven't seen the new dune movie yet but...there was enough spice in this clip to tide me over. 🌶️ Full episode Monday.
It’s bad form and a rookie mistake to bad-mouth a competitor (in front of a government) that’s leading the industry by marketshare, technology adoption and history. No matter the circumstance or motives. Such efforts tend to eventually backfire.
Wow, @Circle's Caroline Hill is really begging to congress for the treasury department to go after @Tether_to and their banking partner, Cantor Fitzgerald
Tether truthers gonna hate.
Tether Q4/2023 attestation is out. My summary: - profit for the quarter: $2.85B, of which ~$1B in net operational profit (mainly US t-bill interests), ~$1.85B from gold and #bitcoin holdings. - total profit for 2023: $6.2B. - cash & cash equivalents cover now 90% of all…
I think Tether may have the best business model and margins out there. They’re eclipsing investment bank quarterly earnings right now
Tether Q4/2023 attestation is out. My summary: - profit for the quarter: $2.85B, of which ~$1B in net operational profit (mainly US t-bill interests), ~$1.85B from gold and #bitcoin holdings. - total profit for 2023: $6.2B. - cash & cash equivalents cover now 90% of all…
Cantor Fitzgerald has reviewed some of Tether's balance sheet and confirmed it holds the money it says it does, says CEO Howard Lutnick trib.al/8KQyrUX
I am guessing crypto is not going away. 😆
🌐 10 fastest-growing #Blockchain Ecosystems ✨ Did you know that developers on @NEARProtocol gets 30% of the transaction fees spent on their contract? Growth in full-time developers (from Dec 2020 - Dec 2021) 📈
6/ The Hydro is the next generation of industrial mining, using a pre-built hosting device to cool miners. The Hydro is the most powerful Bitcoin miner available and can mine a Bitcoin today for only $7,000.
The crypto brain drain is "crazy" in India, Polygon's co-founder says trib.al/CRjI7XA
bloomberg.com
Crypto Brain Drain Is ‘Crazy’ in India, Polygon Co-Founder Says
India’s dithering on whether to embrace digital assets is causing thousands of developers, investors and entrepreneurs to leave for places with more friendly regulation, according to the co-founder...
You are probably doing your taxes wrong. @DHannum8 broke down everything you need to know to get it right. Sponsored by my friends at @thisisarculus youtube.com/watch?v=19kmFb…
youtube.com
YouTube
Watch This Before You File Your Crypto Taxes | Dan Hannum, ZenLedger
⌛ Trading of @hi_com_official (HI) and @PolkaCity (POLC) on Bitfinex is now open! Discover how you can trade them! ⬇️ ow.ly/SZMh50IgfpE
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