Tether has released its 2023 Q4 financial report:
🪴 A record-breaking Q4 net profit of $2.85bn
🪴 2023 yearly net profit of $6.2bn
🪴 Its excess reserves registered an all-time high increase of $2.2bn, totalling $5.4bn
🪴Cash and cash equivalents cover 90% of all issued tokens
🪴 Achieved new record highs in both direct and indirect ownership of US treasuries, with $80.3bn exposure
$BTC $ETH $BNB
