DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Browse sections
Cryptocurrency Bitcoin News

Tether Registers $10B in Profit YTD, Record $135B Exposure to US Treasuries

Tether has published a financial attestation prepared by BDO, a leading accounting firm, showing stellar results for the third quarter of the year. The company surpassed the $10 billion mark in profits year to date (YTD)...

38 /100
Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Tether Registers $10B in Profit YTD, Record $135B Exposure to US Treasuries
Tether has published a financial attestation prepared by BDO, a leading accounting firm, showing stellar results for the third quarter of the year. The company surpassed the $10 billion mark in profits year to date (YTD) with a $135 billion exposure to U.S. Treasuries. Tether Shows ‘Consistent Growth’ As Attestation Boasts Over $10B in Profit […]

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Bitcoin News

Related market context