Tether Reports $2.4 Billion Q3 Profits on Treasuries and Gold Gains, Sees Global USDT Growth

Tether Holdings Limited (BVI), the issuer of the stablecoin USDT, has announced strong Q3 2024 financial results, driven by a combination of investment gains and rising demand for its digital dollar. Tether CEO Paolo Ardoino shared details of the quarter on the social media platform X on October 31, emphasizing the company’s diverse revenue sources,

Source: CryptoGlobe