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Tether’s $5.7B Profit Powers Q4 Launch of U.S. Stablecoin—Brace for Impact
Tether’s $5.7B Profit Powers Q4 Launch of U.S. Stablecoin—Brace for Impact
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Tether’s printing presses are rolling again—this time with a U.S.-flavored stablecoin hitting markets in Q4. The $5.7B profit? Just pocket change for the controversial giant.
Why it matters: When the world’s most liquid crypto player drops a new dollar peg, markets listen. Even regulators—though they’ll pretend otherwise.
The cynical take: Another ‘stable’ coin from a company that treats audits like optional extras. But hey—liquidity waits for no man.
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