Tether reports $1.04B profit in Q1 as Treasury holdings reach $141B

The top stablecoin issuer’s balance sheet remains heavily concentrated in US Treasuries as stablecoin adoption expands across emerging markets.
Source: Tether reports $1.04B profit in Q1 as Treasury holdings reach $141B (https://cointelegraph.com/news/tether-reports-104-b-profit-in-q1-as-treasury-holdings-reach-141b?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)