Tether reports $700 million net profit in Q4 2022

Stablecoin issuer issued its latest attestation report for the fourth quarter of 2022.
The company reported a net profit of $700 million in Q4.
The profit is in addition to the company’s reserves.
Tether publishes its Q4 attestation report
Stablecoin issuer Tether published its latest attestation report on Thursday, February 9th. The company reported a net profit of $700 million in the previous quarter despite the ongoing bear market.
Tether revealed that the profit is in addition to its r