Tether expects net profit to exceed $10 billion in 2025, with excess reserves surpassing $6.3 billion.
Show original
According to a report by BDO, Tether is expected to achieve a net profit of over $10 billion in 2025 and has issued a record $50 billion in new USDT. Its circulating supply has reached an all-time high, exceeding $186 billion, backed by $193 billion in assets, including $122 billion in US Treasury bonds and approximately 140 tons of gold. This week, the company also launched the USAT stablecoin through its newly established US subsidiary.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Trending news
MoreData: If BTC falls below $66,821, the cumulative long liquidation intensity on major CEXs will reach $1.629 billions.
Bank of America Co-President recently pointed out that the combined net effect of the Global Systemically Important Banks (GSIB) framework and the final Basel III reform package will lead to an overall decrease in regulatory capital levels for the U.S. banking industry.
Crypto prices
MoreBitcoin
BTC
$70,349.1
+2.62%
Ethereum
ETH
$2,047.78
+1.48%
Tether USDt
USDT
$1
-0.00%
BNB
BNB
$643.61
+1.09%
XRP
XRP
$1.4
+2.51%
USDC
USDC
$1
+0.00%
Solana
SOL
$86.75
+1.57%
TRON
TRX
$0.2845
-0.59%
Dogecoin
DOGE
$0.09580
+4.63%
Cardano
ADA
$0.2657
+3.52%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now