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全球最大稳定币发行商Tether今年赚了100亿美元

The world's largest stablecoin issuer, Tether, earned 10 billion dollars this year.

wallstreetcn ·  Dec 21 20:00

The secret behind Tether's impressive performance: investing reserves in USA Treasury bonds and other high-yield Assets.

According to Bloomberg, Tether Holdings Ltd., the world's largest stablecoin issuer, expects its Net income to exceed 10 billion USD in 2024. Tether's CEO Paolo Ardoino stated in an interview that the company has invested more than half of its Net income this year.

As the prices of Cryptos such as Bitcoin reach new highs, the demand for Tether's USDT stablecoin has surged. According to CoinMarketCap, the Market Cap of USDT has increased by nearly 50 billion USD this year, currently exceeding 140 billion USD. Most of Tether's earnings come from investing its stablecoin reserves in American government bonds, Gold, and other securities.

Recently, Tether announced plans to invest 0.775 billion USD in the video sharing network Rumble, which includes a cash commitment of 0.25 billion USD. Ardoino stated that next year the company plans to use at least half of its profits for investments including AI. In addition, Tether has also invested in Bitcoin miners, biotech, and other fields.

Ardoino revealed that Tether plans to launch its own AI platform in the first quarter of 2024, allowing users to interact with AI via mobile phones. He emphasized that the company's investments have just begun.

With Trump possibly being re-elected as President of the USA, Tether is optimistic about the American Financial regulatory environment for Cryptos. Cantor Fitzgerald, led by Howard Lutnick, Trump's nominee for Secretary of Commerce, has purchased shares in Tether and is managing its reserves. According to The Wall Street Journal, Lutnick is discussing deepening the financial ties between the two companies, including plans to launch a lending program.

As the world's largest stablecoin issuer, Tether's performance and investment strategies have attracted significant market attention. The company's positioning in emerging fields such as AI and Cryptocurrency mining, along with its collaboration with Financial Institutions in the USA, will have a significant impact on its future development. With the continuous evolution of the Cryptocurrency market, Tether's business prospects deserve ongoing attention.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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