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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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