Tether’s quarterly net revenue was $4.52 billion; The majority of the $3.52 billion came from Bitcoin and physical gold trading. The other $1 billion was operating profit from U.S. Treasury assets.
Today Tether is the most stable and largest stablecoin. In March 2024, Tether Holdings announced its capital for the first time. The company’s assets were $11.37 billion as of March 31, and its capital size in December 2023 was only $7.01 billion.
Source: Ferra
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