Cryptocurrencies: 25799
Markets: 103857
Market Cap: $2,671,173,322,305     
24h Vol: $42,155,958,097
Coin Edition 2023-02-09 19:59:00

USDT Issuer Clears Unsecured Debt and Profits by $700M in Q4 2022

Tether Holdings Limited, the issuer of the largest stablecoin, USDT, said it no longer holds any short-term, unsecured debt against its balance sheet after announcing a $700 million profit in a recent blog post. In the report published today, the stablecoin issuer said it ended 2022 with zero commercial paper and at least $67 billion The post USDT Issuer Clears Unsecured Debt and Profits by $700M in Q4 2022 appeared first on Coin Edition .
esptco-banner img

Videos
  • Ripple XRP: What is Ripple XRP? EXPLAINED!

  • COIN vs TOKEN | Difference Between Coin and Token | Simply Explained!

  • Bitcoin Halving Explained: Why It Is So Important?

  • Stellar XLM: What is Stellar Lumen? EXPLAINED!

Our Partners