Shares of the company fell 5% in pre-market trading.
Crypto platform Bullish reports $563.6 million Q4 loss, shares fall 5%
Shares of the company fell 5% in pre-market trading.
Shares:
The $4 trillion U.S. bank is the latest financial giant in rolling out tokenized MMF onchain, joining BlackRock, Franklin Templeton and Fidelity.
The USDC stablecoin issuer last week said it is building its own blockchain focused on stablecoin finances.
The company said it will focus on building data centers for high-performance computing and artificial-intelligence workloads.
Tether aims to curb illicit use of its USDT stablecoin as cryptocurrency-related scams and fraud increase.