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Tether Expands in UAE with Partnership Deal with RKD DAO

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Tether Expands in UAE with Partnership Deal with RKD DAO

Tether has announced its partnership with RAK Digital Assets Oasis (RAK DAO) through the signing of a groundbreaking Memorandum of Understanding (MoU). Together, these two innovative organizations will work towards introducing the game-changing technology of Bitcoin (BTC) and stablecoins to the vibrant city of Ras Al Khaimah. “In collaboration with RAK DAO, Tether will help … Read more

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

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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