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Monday, February 10, 2025

Tether Reports $13B in Profits for 2024, Surpasses $113B in U.S. Treasuries • crypto.ro



Tether Holdings Limited has launched its This fall 2024 assurance opinion, reaffirming its monetary stability and transparency.

The report, performed by BDO, confirms that Tether achieved a record-breaking yr, with $13 billion in annual earnings and its group fairness surpassing $20 billion.

Key Financial Highlights

  • Total belongings: $157.6 billion
  • Total liabilities: $137.6 billion
  • Reserves backing issued tokens: $143.7 billion
  • Excess reserve buffer: $7 billion (+36% YoY)
  • Total USD₮ issued in 2024: $45 billion
  • U.S. Treasuries holdings: $113 billion (direct and oblique)

Tether’s publicity to U.S. Treasuries reached an all-time excessive, making it one of many largest holders of U.S. authorities debt globally.

Additionally, Bitcoin and gold holdings generated $5 billion in unrealized earnings, whereas repo agreements and conventional investments contributed one other $8 billion.

Expanding Beyond Stablecoins

Beyond stablecoin issuance, Tether has diversified into Bitcoin mining, renewable power, AI, telecommunications, and schooling. These investments should not included in Tether’s reserves however exhibit its increasing position in world finance.

In a significant regulatory milestone, Tether International SA acquired a stablecoin issuer and Digital Asset Service Provider (DASP) license in El Salvador, reinforcing its dedication to monetary inclusion.



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