Stablecoin Issuer Tether Unveils Strong Q1 2023 Numbers with BTC and Gold Reserves

On Wednesday, May 10, stablecoin issuer Tether released the results for the first quarter of the year (Q1 2023) announcing a net profit of a staggering $1.48 billion, double from $700 million in the same period last year. Interestingly, Tether also reported that the circulation of jumped by 20 percent.…Read More

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