Tether’s $2.85B Profit in Q4 2023 Matches 10% of JP Morgan’s Gains
According to Ryan Selkis, Messari CEO, Tether’s net profit has risen to 10% of JP Morgan’s. Tether’s CEO, Paolo Ardoino, reported that the company made a $2.85 billion profit in Q4 2023. Messari noted that Tether has less than 50 employees, and the number of staff at JP Morgan is 250,000. According to Ryan Selkis,...