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

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6 months ago bitnews

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,