Tether just printed $1.5B in Q3 profit while doubling their reserve buffer to nearly $8B.
$USDT continues to flex as the most profitable stablecoin issuer in the game. That reserve cushion is now thicc enough to weather almost any black swan.
Bullish for stablecoin dominance. Bearish for anyone still doubting Tether's staying power.
$USDT continues to flex as the most profitable stablecoin issuer in the game. That reserve cushion is now thicc enough to weather almost any black swan.
Bullish for stablecoin dominance. Bearish for anyone still doubting Tether's staying power.