In the last quarter of 2023, Tether Holdings Limited registered a “record-breaking net profit of $2.85 billion.” Overall, the stablecoin issuer’s net profit in 2023 topped $6.2 billion. Tether’s secured loans ($4.8 billion), which are collateralized by highly liquid assets, were “fully covered by the undistributed accumulated profits known as excess reserves ($5.4 billion).” Bitcoin […]
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Moisand Fitzgerald Tamayo, a registered investment advisor (RIA) based in Orlando, Florida, has disclosed that it holds shares of the Franklin XRP exchange-traded fund (ETF).In its latest 13F...
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