May 13, 2025
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Coinbase Shares Jump 8% on S&P 500 Inclusion Penny Stocks Attempt to Ride Crypto’s Coattails New York Mayor Eric Adams to Crypto Industry: Come Build an Empire in NYC Bitcoin Falls Below $102K; Easing of Tariff Risk Could See More Underperformance Here’s Why ICON Rebranded to SODAX and Abandoned its Layer-1 Anchorage Digital to Acquire USDM Issuer Mountain Protocol in Stablecoin Expansion Move Leemon Baird on Hedera’s Technical Gambit and AI’s Future Market Structure Rules for Crypto Could End Up Governing Core of U.S. Finance: Le Stablecoins to Go Mainstream in 2025 After U.S. Regulatory Progress: Deutsche Bank Ethereum’s Next Upgrade ‘Fusaka’ Could Cut Layer-2 and Validator Costs

Tether Reports Record $2.85B Profit as Biggest Stablecoin Nears $100B Market Cap

The USDT stablecoin issuer held over $5.4 billion in excess reserves as of 2023 year-end, according to its latest attestation.

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