"The stablecoin track is more violent than the exchange"

Tether Limited recently announced its third-quarter financials, with a net profit of $2.5 billion and a total profit of $7.7 billion this year, a record high. Its strong performance was mainly due to $5 billion in gold holdings and $1.1 billion in unrealized profits. The company's reserve buffer has increased to more than $6 billion, total equity has reached $14.2 billion, and consolidated assets are $134.4 billion. Tether also holds more than $105 billion in cash and cash equivalents, including $102.5 billion in U.S. Treasuries, and USDT circulation has reached $120 billion, an increase of 30%. In addition, the investment portfolio has expanded to $7.7 billion, covering renewable energy, BTC mining, artificial intelligence and other fields.