{"id":148266,"date":"2025-02-01T16:00:38","date_gmt":"2025-02-01T14:00:38","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=148266"},"modified":"2025-02-01T12:26:26","modified_gmt":"2025-02-01T10:26:26","slug":"tether-reports-13b-profit-in-2024-expands-us-treasury-holdings","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/tether-reports-13b-profit-in-2024-expands-us-treasury-holdings\/","title":{"rendered":"Tether Reports $13B Profit in 2024, Expands US Treasury Holdings"},"content":{"rendered":"

The company now holds<\/a> <\/strong>approximately $113 billion in US government bonds, reinforcing its claim that each USDT<\/a> <\/strong>is backed by liquid dollar-denominated assets.<\/p>\n

By the end of 2024, USDT\u2019s market capitalization reached $137 billion, while Tether\u2019s total reserves exceeded $143 billion, according to an independent attestation by BDO. The firm\u2019s net equity stands at $20 billion, reflecting its strong financial position. Throughout the year, Tether issued $45 billion in new USDT, with $23 billion minted in the fourth quarter alone.<\/p>\n

In addition to government bonds, Tether has expanded its holdings in Bitcoin and gold, with crypto investments contributing $5 billion to its annual earnings. The company also secured a digital asset service provider license in El Salvador, establishing its headquarters in the country.<\/p>\n