Tether Records $1.48 Billion Net Profit in First Quarter - Stablecoin issuer Tether reported a net profit of $1.48 billion for the first quarter of 2023 in an assurance report published on Wednesday. The company behind USDT also disclosed ownership of Bitcoin and gold, which made up 2% and 4% of its reserves respectively. Tether's Latest Q1 2023 Assurance Report ...