See also another post, found here on SN, where some discrepancies between some "daily" data Tether shares versus what is asserted in this press release.

*Tether's shareholder capital cushion is full of contradictions*
https://stacker.news/items/133831
https://protos.com/tethers-shareholder-capital-cushion-is-full-of-contradictions

cryptocoin

bitcoin

Tether reveals $700m Profits For Q4/2022 In Latest Attestation Report

>  highlights a $300 million reduction in secured loans,

>  highest percentage to date of assets allocated in US Treasury Bills, with direct exposure of over 58%. 

> able to smoothly execute over $21 billion dollars in redemptions during the chaotic events of the year

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Here's the Tweet by Tether's CTO that kicked off the Twitter thread where this was shared:

> 700M Q4/2022 profits for #tether 
> A thread 🧵
> $USDt 
>
> https://twitter.com/Tether_to/status/1623639533370613761

https://twitter.com/paoloardoino/status/1623644465238798339 [[Nitter](https://nitter.at/paoloardoino/status/1623644465238798339)]