Tether Announces Q1 Profit of $1.48 Billion and Discloses Bitcoin, Gold Reserves
Stablecoin issuer Tether has announced a profit of $1.48 billion for the first quarter of this year, after rising interest rates helped the company earn higher returns on its massive reserves. In addition to announcing t...
In addition to announcing the massive billion-dollar profit, Tether revealed in a press release on Wednesday that it now holds both physical gold and Bitcoin (BTC) – by some considered digital gold – as part of its reserves....
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