Tether CEO Highlights $30B Equity and $500M Monthly Profit to Counter FUD

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According to Coinomedia, Tether CEO has responded to ongoing criticism by highlighting the company's $30 billion in equity and $500 million in monthly profits. The CEO argues that these figures demonstrate Tether's strong financial position and resilience, countering concerns about transparency and solvency. The stablecoin issuer, known for its USDT token, faces regular scrutiny over its reserves and operations, but the CEO claims critics are overlooking the broader financial picture.

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