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DeFiSource: crypto.news ·

Tether posts $1.5B Q3 profit as reserve buffer nears $8B

Tether has reported $1.5 billion in third-quarter net operating profit while rebuilding its excess reserves to nearly $8 billion, almost twice the cushion it held three months earlier. Tether’s Oct. 30 announcement put total reserve assets at $191.45 billion as…

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