MultiversX Tracker is Live!

Tether made $5.2B in 2024: Here’s how stablecoins make money

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 8 Views

With rising rates and over $100 billion in reserves, Tether turned monetary policy into profit, and it’s not alone.

In the first half of 2024, Tether quietly posted one of the biggest profit hauls in crypto history, pulling in a staggering $5.2 billion across just two quarters.

That’s not a typo: $4.52 billion in Q1, followed by another $1.3 billion in Q2. 

Read more


Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments