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Coin Edition 2024-04-09 10:47:00

Tether Earns $6.2B in 2023, Competes With Traditional Financial Firms

Bitwise President believes Tether performed impressively in 2023. The stablecoin company generated $6.2 billion in net income in 2023. Tether’s net income is 78% of Goldman Sachs’ and 72% of Morgan Stanley’s. Teddy Fusaro, President at Bitwise, has highlighted Tether’s impressive performance in 2023 compared with traditional investment platforms. In a recent post on X, The post Tether Earns $6.2B in 2023, Competes With Traditional Financial Firms appeared first on Coin Edition .

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