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

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