The stablecoin issuer has also been reporting record numbers when it comes to its finances. Tether reported yearly net profits exceeding $13 billion in Q4, as well as a record amount of exposure to U.S. Treasuries.
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Tether Chooses Ethereum L2 Arbitrum for Cross-Chain USDT Infrastructure
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Tether reported record-breaking profits exceeding $13 billion in 2024, largely due to its investments in U.S. Treasuries
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