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The Daily Hodl 2023-05-10 22:01:10

Tether Reports $1,480,000,000 Profit In Q1 Alone, Reveals Bitcoin and Gold on Balance Sheet

Stablecoin issuer Tether (USDT) is reporting nearly $1.5 billion in profits during Q1 alone while also revealing new details from its reserves. According to a new attestation report by the firm, Tether closed the first quarter of the year with a total of $81.8 billion in total assets, the majority of it being cash, and The post Tether Reports $1,480,000,000 Profit In Q1 Alone, Reveals Bitcoin and Gold on Balance Sheet appeared first on The Daily Hodl .

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