Tether Q1 Earnings Top $1B With Reserves Climbing to New High
Tether’s reserves hit $8.23B as USDT supply rises, backed by Treasuries, gold, and Bitcoin holdings. Stablecoin giant Tether reported strong first-quarter results, posting $1.04 billion in net profit. Growth in reserves and continued demand for USDT kept the firm on a solid footing. Rising holdings of U.S. government debt also point to its expanding role … Continue reading Tether Q1 Earnings Top $1B With Reserves Climbing to New High
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