Finance
Print
Challenges Plague Banking Industry as Tether Demonstrates Strength and Commitment to High Quality Principles Amidst Scrutiny from WSJ

The banking industry is facing significant challenges and has proven incapable of keeping up with evolving global financial markets, something the Wall Street Journal has disregarded countless times in pursuit of tarnishing the reputation of true innovators like Tether.

Traditional financial institutions are not addressing the needs of their customers in a way that is detrimental to a thriving economy and few have taken the time to examine this further. Rather they are spending time scrutinizing Tether, who, in the interest of its customers, has accrued more than $3.3 billion in excess reserves to effectively reduce secure loan exposure as net result.

Anyone with a minimum understanding of financial markets would see how a company having $3.3 billion in excess equity and on track to make a yearly profit of $4 billion is in all effects offsetting the secured loans and retaining such profits within the company balance sheet. Tether is still committed to removing the secured loans from its reserves.

This demonstrates the need for a more nuanced understanding of how stablecoins function and dispels any misconceptions regarding Tether's security. Or one might wonder if this is merely an attempt to manipulate tabloid-style reporting to appease their “friends” entrenched in the old guard.

latest news

Tether to Wind Down USD₮ Support for Five Legacy Blockchains as Part of Strategic Infrastructure Review

Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand Support to Cease on September 1, 2025 11 July, 2025 — Tether, the largest company in the digital asset ecosystem, today announced an update on its plan to discontinue USD₮ redemptions and freeze remaining tokens on five legacy blockchains — Omni Layer, Bitcoin Cash SLP, Kusama, EOS, […]

Learn more
Tether Announces Strategic Investment in Crystal Intelligence, Strengthening Blockchain Forensics and Efforts to Combat Illicit Stablecoin Activity

8 July 2025 – Tether, the largest company in the digital asset industry, has made a strategic investment in Crystal Intelligence, a leading blockchain analytics firm providing advanced risk monitoring, fraud detection, and regulatory intelligence solutions. The investment represents another component of Tether’s coordinated efforts to combat illicit stablecoin use by supporting law enforcement and […]

Learn more
Tether and Adecoagro To Power Bitcoin Mining With Renewable Energy In Brazil

3 July 2025 – Tether Holdings (“Tether”), the largest company in the digital asset industry and Adecoagro S.A. (NYSE: AGRO) (“Adecoagro” or the “Company”), a leading sustainable production company in South America, today announced that they have signed a Memorandum of Understanding (MoU) to explore a strategic collaboration focused on bitcoin mining. As the world […]

Learn more
Read all news