CryptoCointelegraphabout 2 hours ago
Tether Q3 Profit Hits $1.5 Billion
1 min read
Stablecoin issuer Tether reported $1.5 billion in third-quarter operating profit as excess reserves nearly doubled to $7.95 billion. The company held $191.5 billion in assets against $183.5 billion in liabilities, with Bitcoin reserves valued at $8.37 billion at the end of September.
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