Tether Achieves Record $7.7 Billion Profit in First Nine Months of 2024, Reinforcing Financial Strength
Tether’s Q3 report shows $7.7 billion in 2024 profits, $120 billion in USD₮ circulation, and a $6 billion reserve buffer. With $102.5 billion in U.S. Treasuries, Tether secures its position as a stablecoin leader, reinforcing liquidity and exploring investments in renewables, AI, and Bitcoin mining.
November 01, 2024