What the drop in Tether's supply means for Bitcoin's price

2020-12-22 21:30

Tether’s market capitalization has mushroomed from $2 billion in February 2019 to $20 billion, at the time of writing. What went behind this 10x growth varies across a host of factors, namely, the iThe post What the drop in Tether's supply means for Bitcoin's price appeared first on AMBCrypto. origin »

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tether billion price bitcoin means supply drop

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Tether’s $6.2 billion revenue in 2023 outpaces BlackRock: what’s driving this growth?

Tether, the world’s largest stablecoin issuer, reported a staggering $6. 2 billion in revenue for 2023, surpassing the $5. 5 billion earnings of global investment titan BlackRock. With only 100 employees compared to BlackRock’s 20,000, Tether’s extraordinary profitability highlights the growing impact of digital assets on traditional finance.

2024-9-12 20:34


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