Deep Tide TechFlow news, on December 21, Tether CEO Paolo Ardoino stated in an interview with Bloomberg that the company's net profit for 2024 is expected to exceed $10 billion. Data shows that USDT's market value has increased by nearly $50 billion this year and has currently surpassed $140 billion.

Tether's main income comes from investments in securities such as U.S. Treasury bonds and gold with its stablecoin reserve assets. Ardoino revealed that the company has used more than half of its net profit for investments this year, including a $775 million investment in Rumble.