Tether Co-founder Prediction: Who will be the next ETF?
While Wall Street’s interest has boosted the entire crypto market, William Quigley said it also comes with risks.
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While Wall Street’s interest has boosted the entire crypto market, William Quigley said it also comes with risks.
Tether's Q4 2023 net profit hits $2.85 billion, driven by U.S. Treasury interest. Annual profits reach $6.2 billion, showcasing crypto prominence.
Tether Treasury's substantial transfer of USDT tokens to Bitfinex, valued at $229,956,875, has stirred interest within the crypto community. As the market reacts to Bitcoin's recent swings and Tether's significant move, the impact on overall market dynamics remains to be seen.
Tether Treasury transfers $182 million USDT to an unknown 'whale', with total transactions now at $2 billion, maintaining market stability.
Mint Cash's diverse token airdrop, coupled with a surge in USTC, heralds a strategic move towards Venture Capital. Led by Shin Hyojin, Mint Cash anticipates shaping crypto's future.
The firm had said it plans to bring its commercial paper holdings to zero by the end of the year.
With a peso-backed stablecoin, Tether is essentially “recreating the foreign exchange market with a Tether product,” Ardoino said.
Although the protocol offers a lucrative 4% annual yield, it is currently only available to accredited investors.
Though the protocol offers an arguably lucrative yield of 4% per year, it's only available to accredited investors as of now.