Stablecoin Issuer Tether Reports $700M Profit, Complete Exit From Commercial Paper

2023-2-10 14:29

Tether's assets as of Dec. 31 stood at $67 billion, with liabilities of $66 billion, almost all of which relates to digital tokens issued.

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Tether (USDT) на Currencies.ru

$ 1.0004 (+0.02%)
Объем 24H $230.847b
Изменеия 24h: -0.01 %, 7d: 0.00 %
Cегодня L: $0.9995 - H: $1.0008
Капитализация $134.717b Rank 4
Цена в час новости $ 1.0001 (0.03%)

tether billion liabilities almost tokens issued digital

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Tether’s $6.2 billion revenue in 2023 outpaces BlackRock: what’s driving this growth?

Tether, the world’s largest stablecoin issuer, reported a staggering $6. 2 billion in revenue for 2023, surpassing the $5. 5 billion earnings of global investment titan BlackRock. With only 100 employees compared to BlackRock’s 20,000, Tether’s extraordinary profitability highlights the growing impact of digital assets on traditional finance.

2024-9-12 20:34