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Crypto & Bitcoin

Tether Nine-Month Profit: $4.5B or $10B? Sources Split

Reported by AltcoinGordon, TheCoinrise

Image: TheCoinrise

Treat the $1.5 billion Q3 profit, $7.95 billion excess-reserve figure, ~$184 billion USDT issuance, and $191.5 billion/$183.5 billion asset-liability figures as established since every source agrees on them. The nine-month profit total is unresolved — most reports say $4.5 billion while BitKE says approximately $10 billion — and should not be cited as a settled figure until Tether's own attestation is checked directly. Treat the $1.5 billion Q3 profit, $7.95 billion excess-reserve figure, ~$184 billion USDT issuance, and $191.5 billion/$183.5 billion asset-liability figures as established since every source agrees on them.

This is an excerpt. The reporting belongs to TheCoinrise.

Read the full report on thecoinrise.com

Also carried by Bitcoin Insider

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