Tether reports record profits for Q3/2024 with $2.5B! 📈

- Consolidated profit 2024: $7.7B

- Assets: $134.4B, equity: $14.2B

- USDT increased by 30% in 2024, total circulation: $120B

- Cash & cash equivalents: $105B (mainly U.S. bonds)

Tether also holds 7,100 BTC (~$500M) and invests in various fields such as renewable energy, Bitcoin mining, AI, telecommunications, education.

Tether has improved cooperation with the U.S. government and FBI since 2023.

What do you think about the future of Tether and stablecoins? 💬👇