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CATEGORY: tether netflows

CEO Ardoino On Tether Q3 Performance: $2.3 Billion Gains And What Lies Ahead For The Stablecoin
Author: NewsBTC
United Kingdom
Source: Crypto Breaking News
Nov 03, 2024 05:50

CEO Ardoino On Tether Q3 Performance: $2.3 Billion Gains And What Lies Ahead For The Stablecoin

On Thursday, Tether (USDT), the worlds largest stablecoin issuer, released its third-quarter (Q3) assurance opinion report, revealing substantial financial results amid the broader market recovery led by Bitcoin (BTC).  Total Tether Assets Reach All-Time High Conducted by accounting firm BDO, the report highlights Tether’s growth, with a net profit of $2.5 billion for Q3, contributing [...]

The post CEO Ardoino On Tether Q3 Performance: $2.3 Billion Gains And What Lies Ahead For The Stablecoin appeared first on Crypto Breaking News.

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Tether Smashes Records, $1.48 Billion Profit In Q1- Surplus Over Reserves Hits All-Time High
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 10, 2023 10:50

Tether Smashes Records, $1.48 Billion Profit In Q1- Surplus Over Reserves Hits All-Time High

Tether Holdings Limited, the issuer of the world’s largest stablecoin, USDT, has published its Q1 2023 Assurance Report, attested to by BDO Italia, a top five-ranked global independent public accounting firm. The report re-affirms the accuracy of Tether’s Consolidated Reserves Report (CRR), which details the assets held by the group as of March 31, 2023. [...]

The post Tether Smashes Records, $1.48 Billion Profit In Q1- Surplus Over Reserves Hits All-Time High appeared first on Crypto Breaking News.

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