Tether (USDT) Hits $96,000,000,000 in Market Cap Following Record-Breaking Net Profit in Q4 2023
Stablecoin issuer Tether’s USDT is closing in on a $100 billion market cap after the firm saw record-breaking profits last quarter. According to Tether’s last earnings report, the company made $2.85 billion in profits during the fourth quarter of 2023, the highest the firm has ever seen, which was largely driven by interest payments from...