Tether reports $5B reserve excess after making more profit than Goldman Sachs last quarter
Stablecoin issuer Tether boasted gains of approximately $2.85 billion during the fourth quarter of last year. The performance led to more profit than Wall Street giant Goldman Sachs, Bitwise chief investment officer Matt Hougan highlighted on X. Goldman Sachs reported a profit of $2.01 billion in the last three months of the previous year, while Tether’s Q4...