Tether’s Q1 Assurance Report announced record profits for the stablecoin, which has been linked to growing customer trust and increased transparency, both of which have become growing issues in the DeFi space. At the same time, Tradecurve has sold out stage one of its presale in record time, increasing by 20% in the process.
>>Register For The Tradecurve Presale<<
Tether Q1 Report Is Great News For Holders
Although market turbulence and banking collapses have caused havoc for fiat currencies, Tether is performing extremely well. Its net income has overtaken leading hedge fund manager BlackRock, with Tether reporting a net profit of $1.48 billion in Q1. This profit has significantly strengthened Tether’s reserves.
As well as its high profits, Tether also announced that the number of Tether tokens in circulation increased by 20%, showing that investor trust in Tether is growing. In total, Tether ended Q1 with consolidated net assets of $81.8 billion and now plans to reduce its reliance on bank deposits as a source of liquidity.
Overall Tether’s report was a huge win for the project and shows that Tether is truly transparent with its holders, which is much needed in the current crypto climate. At the time of writing, Tether was the 3rd largest cryptocurrency by market cap, with a market cap of over $82 billion. It was also the number one traded cryptocurrency in the world, with a daily trading volume of $21.4 billion, a sign of investor trust in the project.
Tradecurve Becomes One Of The Markets Fastest Selling Presales
Much like Tether, Tradecurve looks to help build investor confidence in DeFi. Tradecurve is a new hybrid exchange designed to revolutionize the way investors trade. Currently, investors are limited to using centralized exchanges that lack transparency or decentralized exchanges with limited trading options. Tradecurve combines the best features of both, letting investors trade DeFi and traditional assets with its decentralized exchange.
Using Tradecurve, investors can buy assets such as forex options, stocks, and commodities without needing to pass KYC checks. All trading on the platform is completely anonymous and is supported by negative balance protection, 500:1 leverage, and several educational tools.
Tradecurve’s unique ecosystem provides investors with the opportunity to improve their trading knowledge with a comprehensive academy, learn from the market’s best investors with copy trading and build their portfolios passively with AI trading subscriptions.
During its presale, Tradecurve aims to raise $20 million by selling 40% of its 1.8 billion TCRV token supply. TCRV tokens will grant investors a number of benefits, including subscription discounts, staking opportunities, and potential VIP upgrades. During stage one of the Tradecurve presale, over 20 million tokens were sold in just 11 days, after which the stage sold out in record time.
Now, with stage two selling out fast, Tradecurve is being compared to the Binance ICO in terms of its growth, which many investors believe is a sign of things to come.
After its presale, Tradecurve is expected to increase 100x and attract over 100,000 clients in the first three months. This would put Tradecurve among some of the market’s best exchanges and provide early Tradecurve investors with huge returns.
For more information about $TCRV presale tokens:
Buy presale: https://app.tradecurve.io/sign-up
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