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Tether Holdings Reports Record Profit Amidst Rising Stablecoin Dominance

Tether

Tether Holdings, the company behind the renowned stablecoin USDT, has disclosed a staggering net profit of $4.52 billion in the first quarter of 2024, setting a new record for the firm. Unveiling Strong Financial Performance Releasing its attestation report for Q1 2024, Tether revealed a net equity of $11.37 billion as of March 31, showcasing …

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