How does it earn? The company Tether (USDT),

The market capitalization of USDT has reached a record $120 billion, increasing by 30% since the beginning of the year. According to the latest reports, Tether tops the list of protocols by the amount of commission fees.

Tether's earning model is similar to traditional banking practices:

* Investments in US bonds: The high key rate in the US allows Tether to earn income from investments in government bonds exceeding 4% per annum. According to the latest audit, the volume of such investments exceeds $102.5 billion.

* Lending: Part of Tether's reserves is used to provide short-term loans and credits to other organizations, generating additional income in the form of interest.

* Commission fees: Tether charges a fee for transactions with USDT.

* Diversified investments: Tether Investments division is engaged in investing in renewable energy sources, Bitcoin mining, artificial intelligence, telecommunications, and education. The company also owns more than 7100 BTC.

Thanks to these sources of income, Tether has earned about $7.7 billion since the beginning of the year and $2.5 billion.