Despite a challenging regulatory environment in Europe, Tether, the issuer of the stablecoin $USDC , reported significant earnings in the first quarter of 2025, reaching $1 billion. This news, released in early May, highlights the resilience and ongoing adoption of USDC globally. At the same time, Tether announced its launch on the Kaia blockchain, which will allow its stablecoin to reach the 196 million users of the LINE app in Asia, further expanding its reach and utility in the digital payments ecosystem.