Bitcoin (BTC) $71,332.12 3.79%
Ethereum (ETH) $2,179.52 4.80%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 91.081875 4.30%
Cardano (ADA) $0.26 2.62%
Chainlink (LINK) $9.14 4.01%
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Dash (DASH) $34.43 6.69%
Polygon (MATIC) 0.25693 2.45%
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X-Cash (XCASH) 9.0E-6 1.43%
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Cryptocurrencies: 28644

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Market Cap: $2,436,697,908,746

24h Vol: $109,845,975,901

Coin Edition

2023-02-09 19:59:00

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

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 .

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