Tether Announces a Record $13 Billion Profit in 2024

Tether just released its latest financial report, revealing $13 billion in net yearly profits and $113 billion in US Treasury holdings. CEO Paolo Ardoino is looking to the future with new research areas and a proactive approach to potential US stablecoin legislation. Tether’s Report Shows Huge Wins in 2024 Tether, one of the world’s leading stablecoin issuers, reached record growth in 2024.... source: https://beincrypto.com/tether-13-billion-net-profit-2024/