March 24 (Reuters) -
* CRYPTO FIRM TETHER SAYS IT HAS AROUND $1.6 BILLION IN EXCESS RESERVES TO BACK ITS USDT STABLECOIN - CNBC
* CRYPTOCURRENCY FIRM TETHER ESTIMATES IT WILL MAKE $700 MILLION PROFIT IN THE MARCH QUARTER, TAKING ITS TOTAL EXCESS RESERVES TO OVER $1 BILLION - CNBC Source text: [https://cnb.cx/3lDTgvG]
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