700M Q4/2022 profits for #tether
A thread π§΅
$USDt
A thread π§΅
$USDt
https://twitter.com/Tether_to/status/1623639533370613761
2/ Once again, in 2022, despite all direct and indirect attacks, FUD, ... Tether has demonstrated an impressive resilience to market black swan events that caught a wide range of companies praised by many.
3/ In 2022, Tether, as promised, reduced to 0 commercial papers, and just before the end of the year promised a reduction of secured loans throughout 2023. The process started already.
4/ Tether demonstrated a superior approach to risk management, that allowed to maintain its leadership, while consolidating profits.
Having a safe, conservative and profitable business that doesn't require begging for funds from VCs has been always primary focus of Tether.
Having a safe, conservative and profitable business that doesn't require begging for funds from VCs has been always primary focus of Tether.
5/ This focused approach allows Tether to be considered a safe tool for emerging markets and developing countries, a life-life for many communities that are suffering from heavy devaluation of their national currencies.
6/ Tether reiterates its commitment to be a leader into building #bitcoin and stablecoin technologies, investing in fundamental projects and infrastructures.
7/ Examples are more important than words: @Holepunch_to @keet_io @Synonym_to demonstrate our focus to freedom of communication and financial inclusion, helping to create technology that almost no one else could dream until today.
8/ We're also investing more and more in education, especially in emerging markets, focusing on explaining the huge difference between building for financial evolution vs speculation.
9/ Thanks everyone for your support. We'll keep building together.
10/ Last but not least I want to thank who believed in our mission and decided to work with us to innovate together: #ElSalvador #lugano and many others β€οΈ
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