USDT Stablecoin Issuer Tether Reveals Bitcoin, Gold Reserves, Experiences Q1 $1.48B Revenue

by Jeremy

In accordance with the Q1 attestation signed by monetary providers agency BDO Italia, Tether held about $2.44 billion in extra reserves of the $79.4 billion Tether-issued tokens in circulation as of March 31. That surplus was at an all-time excessive, Paolo Ardoino, chief know-how officer of Tether, stated within the announcement.

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