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Tether Reports $700M Profit Boost, Zero Commercial Paper In 2022
Thursday, February 9, 2023 - 1:16pm | 281Tether Holdings Limited, the company behind the popular stablecoin USDT (CRYPTO: USDT) reported a net profit of more than $700 million in the last quarter of 2022, according to its latest Consolidated Reserves Report (CRR). The report showed Tether ended 2022 with zero commercial paper and at...