๐ Tether's Q3 2024 earnings are out of this world! The stablecoin giant posted a whopping $2.5 billion in profits, bringing its yearly total to $7.7 billion. ๐ฐ
- USDT demand and US Treasury yields are the secret sauce behind these stellar numbers.
- USDT circulation surged by 30%, hitting $120 billion.
- Tether's cash reserves? Over $105 billion, mostly in US Treasury bills.
Fun fact: Tether now holds more US debt than Germany, Australia, and the UAE! ๐
Got thoughts on Tether's financial rocket ride? Drop your comments below! ๐๐ฌ