Tether invests $5 billion profit into US companies while holding $120 billion in US debt

Tether, the issuer of the world’s largest stablecoin USDT, has disclosed that it has reinvested around $5 billion of its profits into US-based companies and infrastructure over the past two y...

By · · 1 min read
Tether invests $5 billion profit into US companies while holding $120 billion in US debt

Source: CryptoSlate

Tether, the issuer of the world’s largest stablecoin USDT, has disclosed that it has reinvested around $5 billion of its profits into US-based companies and infrastructure over the past two years. In a May 26 post on X, Tether CEO Paolo Ardoino disclosed that the company has made significant investments across American businesses and emerging […]