As Cointelegraph recently reported, the company posted a record-breaking profit of $13 billion in 2024 thanks to its massive stockpile of US government bonds collecting interest
Quote
Sources
Tether selects Arbitrum to power crosschain stablecoin
Referenced by
Tether reported record-breaking profits exceeding $13 billion in 2024, largely due to its investments in U.S. Treasuries
Crypto news
Claim