Tether Skyrockets with $1.5 Billion Q1 Earnings – A Whopping Double from Previous Quarter!
Altcoin News: Tether Earns a Staggering $1.5 Billion in Q1, Doubling Its Previous Quarter’s Profit Stablecoin issuer, Tether, reported a profit of $1.5 billion during the first quarter of 2023, more than double during the last quarter. Accordingly, to the latest attestation report, Tether’s consolidated total assets amounted to at least $81.8 billion, while its […]
“Tether Nears $83B Milestone: Stablecoin Thrives Amid Crypto Turmoil & DeFi Demand”
Stablecoin Tether Experiences Rapid Growth as Market Capitalization Approaches Record High of $83 Billion Over the last few years, the cryptocurrency space has experienced a rapid growth in the market capitalization of stablecoins, with Tether (USDT) emerging as the leading contender. A stablecoin, backed by a reserve of assets, is a type of cryptocurrency whose […]