Leading stablecoin issuer Tether (USDT) reported a net profit of US$1.5 billion for Q1 2023, marking a whopping 110% growth on a quarter-on-quarter (QoQ) basis, according to a recent reserves report attested by BDO Italia. […]
Listen to this article. Tether released its latest attestation by BDO Italy on Wednesday, revealing $81.8 billion in assets and $79.3 billion in outstanding Tether tokens as of March 1. Tether is the largest stablecoin […]
Tether reportedly bought 52,670 Bitcoin (BTC) with the interest it earned from government Treasuries backing its USDT stablecoin. The returns from its government Treasuries have risen substantially amid a roughly 500-basis point hike in the […]
By Modupe Gbadeyanka The Nigerian government has been advised to formulate strong policies and incentives to attract more impact investments in the country. These and other recommendations were given at a stakeholder validation workshop organised […]
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