According to reports from Bloomberg, Tether Holdings Ltd. CEO Paolo Ardoino stated in an interview that the company's net profit is expected to exceed $10 billion this year. According to data tracking agency CoinMarketCap, USDT's market value has increased by nearly $50 billion this year, currently exceeding $140 billion. Most of Tether's earnings come from investing the reserves that support its stablecoins (including USDT) in U.S. Treasury bonds, gold, and other securities. Ardoino stated that this year Tether will use more than half of its net profit for investments.