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coinpedia 2023-08-02 11:34:22

Tether Now Holds More U.S. Treasuries Than Australia, UAE, and Spain

The post Tether Now Holds More U.S. Treasuries Than Australia, UAE, and Spain appeared first on Coinpedia Fintech News Tether, the world’s largest stablecoin, continues its skyward ascent, reporting an impressive Q2 2023. Assets soared by 5.7% to a record-breaking $86.5 billion, and operational profits surged by 30% to over $1 billion from the previous quarter. Tether Excess Reserves increase by 850M to reach $3.3B as Leading Stablecoin Reveals $72.5B overall exposure in US …

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