tether stablecoin

Tether made a record profit of $4.5 billion in the first quarter

by
Tether made a record profit of 4.5 billion in the first quarter

Breaking barriers and setting records, Tether, the issuer of USDT, raked in an impressive $4.5 billion in net profits during the first quarter of 2024. Tether’s latest assurance report, released by BDO on May 1, has revealed some staggering numbers. The digital asset firm’s Treasury bills stockpile has soared to a record-breaking $90 billion, while … Read more

Tether achieves SOC 2 security compliance, sets annual audit target

by
Tether achieves SOC 2 security compliance, sets annual audit target

Tether’s USDT stablecoin receives top marks in security with a successful SOC2 audit. Tether is proud to announce its successful completion of the rigorous SOC 2 Audit Type 1. But what exactly does this mean for clients?This comprehensive audit evaluates the ability to uphold five crucial trust service principles: security, availability, processing integrity, confidentiality, and … Read more