PANews reported on March 13th, citing Bloomberg, that stablecoin issuer Tether earned over $ 10 billion in profit last year and currently holds approximately $ PANews reported on March 13th, citing Bloomberg, that stablecoin issuer Tether earned over $ 10 billion in profit last year and currently holds approximately $
Tether seeks to complete a full audit by the end of 2026 and is seeking a valuation of approximately $500 billion.
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
PANews reported on March 13th, citing Bloomberg, that stablecoin issuer Tether earned over $ 10 billion in profit last year and currently holds approximately $ 193 billion in reserve assets, about 63% of which are U.S. Treasury bonds. It claims to be the 17th largest and largest non-sovereign holder of U.S. Treasury bonds. The company launched the compliant stablecoin USAT in the U.S., intensified its lobbying efforts, and sought a valuation of approximately $ 500 billion. It plans to continue expanding its portfolio in commodities, AI , and energy through the proceeds from its U.S. Treasury bond holdings. Tether also faces regulatory pressure regarding its USDT transactions related to criminal activities and Iran. Tether told investors that it is "striving" to complete a full audit by the end of 2026 .
Market Opportunity
Union Price(U)
$0.0008541
$0.0008541$0.0008541
USD
Union (U) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
SpaceX Plans Massive Orbit Network of AI Data Centers, Elon Musk Says
SpaceX Explores Plan to Deploy One Million AI Data Centers in Orbit, Elon Musk Signals New Era for Space Computing
The future of artificial intelligence infrast
Share
Hokanews2026/03/14 00:43
Why The Dogecoin EMA Is The Level That Will Determine The Next Price Move
Crypto analyst Osemka has suggested that DOGE is at a make-or-break level, where it could see a parabolic move to the upside or suffer a huge decline. The analyst
Share
NewsBTC2026/03/14 00:30
Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse?
Whales offload 200 million XRP leaving market uncertainty behind. XRP faces potential collapse as whales drive major price shifts. Is XRP’s future in danger after massive sell-off by whales? XRP’s price has been under intense pressure recently as whales reportedly offloaded a staggering 200 million XRP over the past two weeks. This massive sell-off has raised alarms across the cryptocurrency community, as many wonder if the market is on the brink of collapse or just undergoing a temporary correction. According to crypto analyst Ali (@ali_charts), this surge in whale activity correlates directly with the price fluctuations seen in the past few weeks. XRP experienced a sharp spike in late July and early August, but the price quickly reversed as whales began to sell their holdings in large quantities. The increased volume during this period highlights the intensity of the sell-off, leaving many traders to question the future of XRP’s value. Whales have offloaded around 200 million $XRP in the last two weeks! pic.twitter.com/MiSQPpDwZM — Ali (@ali_charts) September 17, 2025 Also Read: Shiba Inu’s Price Is at a Tipping Point: Will It Break or Crash Soon? Can XRP Recover or Is a Bigger Decline Ahead? As the market absorbs the effects of the whale offload, technical indicators suggest that XRP may be facing a period of consolidation. The Relative Strength Index (RSI), currently sitting at 53.05, signals a neutral market stance, indicating that XRP could move in either direction. This leaves traders uncertain whether the XRP will break above its current resistance levels or continue to fall as more whales sell off their holdings. Source: Tradingview Additionally, the Bollinger Bands, suggest that XRP is nearing the upper limits of its range. This often points to a potential slowdown or pullback in price, further raising concerns about the future direction of the XRP. With the price currently around $3.02, many are questioning whether XRP can regain its footing or if it will continue to decline. The Aftermath of Whale Activity: Is XRP’s Future in Danger? Despite the large sell-off, XRP is not yet showing signs of total collapse. However, the market remains fragile, and the price is likely to remain volatile in the coming days. With whales continuing to influence price movements, many investors are watching closely to see if this trend will reverse or intensify. The coming weeks will be critical for determining whether XRP can stabilize or face further declines. The combination of whale offloading and technical indicators suggest that XRP’s price is at a crossroads. Traders and investors alike are waiting for clear signals to determine if the XRP will bounce back or continue its downward trajectory. Also Read: Metaplanet’s Bold Move: $15M U.S. Subsidiary to Supercharge Bitcoin Strategy The post Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse? appeared first on 36Crypto.
Share
Coinstats2025/09/17 23:42