Honeycoin team

Honeycoin Raises $4.9M In Funding With Aim of Transforming Africa’s Stablecoin Payments.

Lagos, Nigeria – Kenya based fintech innovator Honeycoin has closed a $4.5 million Series B funding round to scale its stablecoin payment infrastructure across the continent, in a deal that signals growing institutional confidence in crypto-powered remittances and trade finance. The round—led by Pantera Capital with participation from Standard Bank and Flutterwave—values the based startup at…

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Tether Coin

Tether Reports Record-Breaking Profits of $5.2 Billion Profit in First Half of 2024

Tether, the leading stablecoin issuer, has announced a groundbreaking profit of $5.2 billion in the first half of 2024. This milestone highlights Tether’s robust financial strategy and its expanding role in global markets. Key Financial HighlightsIn the second quarter alone, Tether’s net operating profit surged to $1.3 billion, a significant increase from the $1 billion…

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