What the drop in Tether's supply means for Bitcoin's price

2020-12-22 21:30

Tether’s market capitalization has mushroomed from $2 billion in February 2019 to $20 billion, at the time of writing. What went behind this 10x growth varies across a host of factors, namely, the iThe post What the drop in Tether's supply means for Bitcoin's price appeared first on AMBCrypto.

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Tether (USDT) на Currencies.ru

$ 1.0001 (+0.01%)
Объем 24H $69.864b
Изменеия 24h: 0.07 %, 7d: 0.08 %
Cегодня L: $0.9999 - H: $1.0004
Капитализация $120.509b Rank 3
Цена в час новости $ 0.9998 (0.03%)

tether billion price bitcoin means supply drop

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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