Tether
Tether Reports $4.9B Net Profit in Q2, Invested $4B in U.S. Initiatives
The firm held roughly $8.9 billion in bitcoin in the reserves, translating to roughly 83,200 coins.

Tether-Focused Blockchain Stable Raises $28M to Power Stablecoin Payments
The blockchain aims to enable fast, low-cost and stable digital payments using USDT as its gas token.

Tether CEO Says He'll Comply With GENIUS to Come to U.S., Circle Says It's Set Now
Paolo Ardoino, Tether's chief, said his firm will come to the U.S., is chasing high-level auditing and will adjust reserves, but Jeremy Allaire said Circle is already compliant.

Tether to Halt USDT on Omni, BCH, Kusama, EOS, Algorand as Focus Shifts to Layer 2s
The decision is due to declining usage of USDT on these networks over the past two years and as the company moves its focus to newer platforms such as Layer 2s.

Is Bitcoin Humanity's Last Shot at Freedom? | CoinDesk Spotlight with Jack Mallers
Strike founder Jack Mallers joins "CoinDesk Spotlight" with a conversation about building Twenty One with Tether and SoftBank, and why he sees bitcoin as “moral imperative” as much as a financial instrument. This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.

Tether Invests in Blockchain Forensics Firm Crystal Intelligence to Fight Crypto Crime
Tether aims to curb illicit use of its USDT stablecoin as cryptocurrency-related scams and fraud increase.

Tether to Mine Bitcoin With Adecoagro in Brazil Using Surplus Renewable Energy
The project aims to monetize surplus energy and potentially add BTC to Adecoagro’s balance sheet.

NY Bankruptcy Judge Gives Celsius the Green Light to Pursue $4.3B Lawsuit Against Tether
Celsius has accused Tether of improperly liquidating nearly 40,000 bitcoins in order to cover an outstanding loan while it was on the precipice of bankruptcy in 2022.

Asia Morning Briefing: Asia's Banks Look to Stablecoins to Prevent Deposit Flight
PLUS: Bakkt is entering the BTC Treasury market with a $1 billion BTC purchase.

Tether Seeks More Active Role at Juventus After Buying Over 10% of Soccer Club
Tether said it asked to participate in the club's recent capital increase and be granted a board seat in May.
