Critical Details
- Tether on Thursday claimed it produced $700 million of financial gain in the December quarter, which the agency has employed to strengthen its reserves.
- Tether can make revenue from several charges, and issuing financial loans to other institutions, and investments in electronic tokens and treasured metals.
- The agency has prolonged been dogged by problems that its token isn’t really entirely backed a single-to-one by an equivalent benefit of reserves.
