Tether Reports $700M in Profits Despite ‘Tumultuous End to 2022’: CTO Despite processing $21 billion in redemptions, stablecoin issuer Tether reported that it still generated $700 million in profits last quarter. Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Filed under: Bitcoin - @ February 9, 2023 1:09 pm