Tether Reports $13B Profit in 2024 as Reserves Soar to $157.6B

  • The Tether report shows 2024 profit $ 13 billion and reserves of up to 157.6 billion dollars, which enhances its hegemony in the Stablecoin Market.
  • Tether enhances its financial location with high reserves, strategic investments, and the growing American treasury in its latest Q4 report.

The latest BDO audit report, an independent international accounting company, shows the Tether Holdings Limited reserves. The unified Tether assets on December 31, 2024, representing 157.6 billion dollars with $ 137.6 billion of commitment.

Cord: Increase profit and reserves

Tether made a clear profit for more than $ 13 billion in 2024. On the other hand, the company’s shares rose to $ 20 billion as well. Imagine if Stablecoin could register such a number in only one year. It is clear that this is not a coincidence, but a result of an accurate strategy in the management of reserves and the expansion of various strategic sectors.

Do not stop there, pregnancy It also raised its clarity to $ 113 billion through US Treasury bonds. Tether has become one of the largest US Treasury holders all over the world with this amount. This indicates that the company guarantees the stability of its money in addition to its focus on commercial expansion. Tether Paolo Ardoino CEO:

“The fourth quarter report re -emphasizes Tether’s position as a global pioneer in financial transparency, liquidity and innovation. With the growing reserves and investments in the new sectors, we continue to put the level of confidence in the digital asset industry.”

Increase in the Usdt version and additional reserves

With the total market value almost equally to the second largest Stablecoin, Tether released more than $ 45 billion in the United States during 2024. Not only that, Rope The temporary reserve store currently increases by 36 % on an annual basis and approaches $ 7 billion.

Moreover, Tether’s Gold and Bitcoin assets brought unrealistic profits more than $ 5 billion. The bond and zezo agreements gave $ 7 billion; Other traditional investments added one billion dollars to its public budget.

A license in El Salvador: a new step towards global expansion

As mentioned previously in Our reportTether International SA De Cv in El Salvador as a source on Stablecoin and DASP service provider in line with its development all over the world. This procedure not only gets an operating license, but also shows the increasing seriousness of Tether about expanding its commercial presence in the digital banking sector.

Tether enhances its goal of pushing the financial inclusion via Blockchain technology by creating El Salvador as a new headquarters.

Is this a sign of bull run in 2025?

Imagine if the main determination of the encryption market movements is stability and benefit from the growth of Stablecoins such as USDT. The early indicators of a large bull run in the previous sessions were often fluctuations in the Stablecoin version.

Could this be the beginning of the rise of the encryption market in 2025 now after the reserves have risen, the traditional exposure to assets increased, and the ownership of Bitcoin rises? Many analysts feel that the investor confidence is directly related to the stability of Tether. If this trend continues, it is not impossible to see a large gathering in the near future.

However, there are still macroeconomic and organizational factors to consider. The market is still dynamic, and anything can happen.

Source: https://www.crypto-News-flash.com/tther-reps-13b-profit-in-2024-as-reserves-sar-to-157-6B/? ETHERS -13B -PROFIT-IN-2014-SA-RESEREVES-SOAR-TO-157-

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