Tether Registers $10B in Profit YTD, Record $135B Exposure to US Treasuries
Tether has published a financial attestation prepared by BDO, a leading accounting firm, revealing stellar results for the third quarter of the year.
The company has surpassed the $10 billion mark in profits year to date (YTD), showcasing strong financial performance. Additionally, Tether holds a $135 billion exposure to U.S. Treasuries, underscoring its robust asset backing.
This attestation highlights Tether’s consistent growth and solid financial standing, reinforcing confidence in its operations and future prospects.
https://news.bitcoin.com/tether-registers-10b-in-profit-ytd-record-135b-exposure-to-us-treasuries/