Today’s Insider ⬇️
📈 Profitable Quarter: Tether earns $1.5B in Q2 as US Treasury holdings fuel profits
🚀 Tokenized Stocks: Bybit adds tokenized Nvidia, Apple, Tesla stocks as loan collateral
🏦 Tokenized DeFi Collateral: Tokenized gold passes DeFi stress test, but less than 2% is used as collateral
Market Update
Market | Value | Day P&L | YTD |
Bitcoin | $63,544 | +1.49% | -43.59% |
Ethereum | $1,892 | +2.79% | -44.59% |
Solana | $73.83 | +3.02% | -53.55% |
XRP | $1.08 | +2.61% | -61.17% |
S&P 500 | $7,489 | +0.70% | +18.15% |
Gold | $4,045 | -1.35% | +22.50% |
1. Tether Earns $1.5B In Q2 As US Treasury Holdings Fuel Profits
Profitable quarter: Tether reports $1.5 billion in Q2 net operating profit and a $4.11 billion reserve surplus, with USDT supply rising to $184.6 billion to maintain over 60% of the global stablecoin market.
🔎 Insider Insight: Tether's Treasury-driven profit model means elevated interest rates are effectively subsidizing its global stablecoin dominance, giving it a structural earnings advantage that pure crypto-native competitors cannot replicate. With USDT growing even as the broader stablecoin market contracted, Tether's market position appears more entrenched than ever despite regulatory pressure in Europe.
Top Crypto Insider Pick of 2026
BlockchainFX Attracts Massive Attention as it Nears $15M Presale Target
BlockchainFX (BFX) is transforming global trading by merging traditional financial markets with decentralized technology. The platform provides seamless access to multiple asset classes, including cryptocurrencies, stocks, forex, and commodities, all within a single, unified ecosystem.
Meanwhile, with transparency and security at its core, BlockchainFX delivers faster transactions, lower fees, and improved accessibility. Its user-friendly interface and all-in-one design have earned it several innovation awards, making it a trusted solution for both institutional and retail investors.
By combining advanced technology with simplicity, BlockchainFX is redefining the trading experience for both experienced and beginner traders. As demand for secure and versatile trading platforms grows, BlockchainFX continues to gain recognition and interest from a global audience.
💡 Pro Tip: Having raised over $14 million in presale funding, BlockchainFX is proving its strong market appeal. At a presale price of $0.035, compared to the $0.05 launch price, $BFX offers an attractive entry point for early investors. With its focus on accessibility, innovation, and value, BlockchainFX positions itself as a compelling solution in the trading world, ensuring it’s more than just another token; it’s a practical tool for modern traders.
2. Bybit Adds Tokenized Nvidia, Apple, Tesla Stocks As Loan Collateral
Tokenized stocks: Bybit enables six tokenized stocks, including Nvidia, Apple, and Tesla, as collateral across its margin trading and lending products, as the tokenized equities market grows from $361 million to $1.72 billion in one year.
🔎 Insider Insight: Bybit, Kraken, and Bitget all accepting tokenized stocks as collateral within weeks of each other signals that crypto-native collateral infrastructure is rapidly converging with traditional equity markets. As exchanges compete to expand collateral options, tokenized equities are transitioning from a novelty product into functional financial infrastructure.
What is the name of the annual event that cuts Bitcoin’s mining reward in half?
3. Tokenized Gold Passes DeFi Stress Test, But Less Than 2% Is Used As Collateral
Tokenized DeFi collateral: Despite $90.7 billion in Q1 tokenized gold spot trading volume, only $63 million worth of XAUT and PAXG is deployed as DeFi collateral, representing just 1.5% of the combined $4.2 billion market cap.
🔎 Insider Insight: Tokenized gold's successful handling of March's worst weekly gold sell-off in four decades proves the infrastructure works under stress, removing a key credibility barrier to broader DeFi adoption. The 1.5% collateral utilization rate represents a significant untapped opportunity, suggesting demand for onchain gold lending could grow substantially as DeFi protocols expand their RWA collateral frameworks.
That’s all for today’s insight. Stay informed, and we’ll see you in tomorrow’s edition.
Till next time,
3Insiders Team
