Tether Profit Eases From Prior Year Even as U.S. Treasury Exposure Sets New High
Tether’s latest disclosures show a profit step-down versus the prior year even as the stablecoin issuer’s U.S. Treasury exposure climbs to fresh records, underscoring how sensitive the company’s earnings can be to rates, reserve mix, and issuance trends. In a company update tied to its BDO-prepared attestation, Tether said its 2024 results included $13 billion … Read more