Tether Reports Billion-Dollar Q1 Profit Amid Crypto Slump—And Says Audit Has Begun

Tether Reports Billion-Dollar Q1 Profit Amid Crypto Slump—And Says Audit Has Begun

Summary

Stablecoin giant Tether says it holds over $141 billion in U.S. Treasuries, a figure that has never been verified by a full audit.

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