The study involving Chainlink&#8217;s Cross-Chain Interoperability Protocol is one of many initiatives exploring use cases for a potential Hong Kong CBDC, or e-HKD.

Hong Kong to use Chainlink protocol in CBDC pilot project

Strategy’s Michael Saylor wants the US government to clearly define digital 
securities and commodities, as well as state when it is allowable to tokenize 
securities.

Michael Saylor joins chorus for clarity as US works to legally define crypto

Tether, the company behind the market’s largest stablecoin USDT, has announced 
major financial results for the second quarter (Q2) of the year, reporting a 
net profit of $4.9 billion. Tether Achieves $5.7 Billion In Earnings For H1 
2025 According to the report, this surge in profitability comes amid the 
issuance of over $13.4 billion in new USDT, boosting the total circulating 
supply to more than $157 billion—a remarkable $20 billion increase since the 
beginning of the year. Related Reading: JPMorgan, Coinbase Forge Historic Pact 
For Direct Bank-Crypto Wallet Integration By 2026 At the end of Q2 2025, 
Tether&#8217;s exposure to US Treasuries reached $127 billion, comprising $105.5 
billion in direct holdings and an additional $21.3 billion in indirect 
investments. The company’s shareholder capital remained stable at 
approximately $5.47 billion, reinforcing Tether&#8217;s strong solvency profile and 
ensuring long-term sustainability. For the first half of 2025, Tether reported 
total earnings of $5.7 billion, with $3.1 billion coming from recurrent 
profits alone. Excluding mark-to-market contributions from investments in gold 
and Bitcoin (BTC), which added another $2.6 billion, this performance 
emphasizes Tether&#8217;s operational strength and revenue consistency. CEO Paolo 
Ardoino’s Highlights Building on its financial foundation, Tether revealed 
that it has reinvested a significant portion of its profits into long-term 
initiatives. Over the past six months, the company has allocated more capital 
toward these efforts than in prior periods, demonstrating its commitment to 
foundational infrastructure. Among its key initiatives are investments in XXI 
Capital and a partnership with Rumble, which includes the development of the 
Rumble Wallet. The firm also unveiled that SDT continues to facilitate 
commerce, remittances, and innovation across more than 150 countries, 
particularly in regions where traditional banking services are limited or 
unreliable. Related Reading: Chainlink Acknowledged By The White House As Key 
Player In Crypto Infrastructure As of June 30, 2025, Tether reported total 
assets of approximately $162.6 billion against total liabilities of about 
$157.1 billion, with nearly all liabilities relating to the digital tokens 
issued. Importantly, the company’s assets exceed its liabilities, providing a 
reassuring financial outlook. Additionally, proprietary investments in 
emerging sectors such as artificial intelligence (AI), renewable energy, and 
communications infrastructure are not included in the reserves backing issued 
tokens, indicating further growth potential. Paolo Ardoino, CEO of Tether, 
emphasized the company’s achievements, stating, “Q2 2025 affirms what markets 
have been telling us all year: trust in Tether is accelerating. With over $127 
billion in US Treasury exposure, robust Bitcoin and gold reserves, and over 
$20 billion in new USDT issued, we’re not just keeping pace with global 
demand, we’re shaping it.” He added, “As regulators formalize frameworks for 
digital dollars, Tether stands as a live, proven model of what stablecoin 
innovation can achieve: transparency, resilience, and massive global reach. 
USDT is helping billions access the stability of the US dollar, and that 
mission has never been more urgent or relevant.” Featured image from DALL-E, 
chart from TradingView.com

Tether Q2 Net Profit Hits $4.9 Billion, Pushing Total Earnings To $5.7 Billion

Cardone Capital&#8217;s Bitcoin investment amid market dips highlights a strategic 
diversification into digital assets, potentially influencing real estate 
trends.
The post Cardone Capital buys Bitcoin dips with 100 BTC acquisition appeared 
first on Crypto Briefing.

Cardone Capital buys Bitcoin dips with 100 BTC acquisition

Mill City Ventures has acquired 76.3 million SUI tokens following the close of 
a $450 million private placement, becoming the first publicly listed company 
to launch a crypto treasury strategy backed by the Sui Foundation. According 
to a July 31…

Mill City acquires 76.3M SUI following $450M raise amid push for Sui corporate strategy

Cointelegraph analyzed 16 company statements made this week and found a 
whopping $7.8 billion has been earmarked or used to buy crypto.