Tether's profit in 2024 reaches 13 billion dollars, with U.S. Treasury holdings hitting a record high

2025-01-31 22:53:34

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ChainCatcher news, Tether releases its Q4 2024 report, with Tether's profits reaching $13 billion in 2024, and record highs in U.S. Treasury holdings, USDT circulation, and excess reserves for the fourth quarter.

In Q4 2024, Tether's U.S. Treasury holdings reached $113 billion, a record high. The USDT circulation reached 143,704,755,547 tokens. Tether's excess reserves surpassed $7 billion for the first time, with an annual growth of 36%.

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