Tether’s third-quarter attestation for 2024, led by auditor BDO, highlights record profit levels, reserve expansion, and substantial U.S. Treasury holdings. Tether’s Q3 Performance Ranks Among Top U.S. Treasury Holders In its latest attestation, Tether Holdings Limited reports a third-quarter net profit of $2.5 billion, pushing its nine-month consolidated profit to $7.7 billion. The report, prepared […]
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BIS Drops Mbridge Project Participation: It Was ‘Not Created to Serve the BRICS’
The BIS announced it was abandoning Mbridge, a project aimed at using CBDCs to interconnect the financial systems of several...