Tether Records $5B Net Profits This Year, Its US Debt Holdings Surpass Germany, UAE, Australia
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The post Tether Records $5B Net Profits This Year, Its US Debt Holdings Surpass Germany, UAE, Australia appeared first on Coinpedia Fintech News Stablecoin issuer Tether reported Wednesday a record $5.2 billion of net profits in the first half of the year as the market cap of its flagship cryptocurrency (USDT) surged to new all-time highs. The company said it generated $1.3 billion of net operating profits over the second quarter of the year. Its U.S. debt holdings …
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