The world’s largest stablecoini Tether Although it came up with various discussions for years, it has survived. Although investors caused unnecessary panic in recent weeks due to the EU ban, it still continues to survive. Those who were caught in panic and fear became the victim of short -term discussions.
Tether 2024 Report
The company announced the reserve certificate completed by the world famous audit company BDO. As of today, this report can be accessed from the official website. In the last quarter, which was built on the extraordinary performance of 2024, the annual net earnings exceeded $ 13 billion and the largest earning period of all time was seen.
The group’s own capital increased to over 20 billion dollars and renewable energy, Bitcoin $104,282.9 Tether investments are increasing in developing sectors such as mining, artificial intelligence, telecommunications and education. The most important feature of the last quarter of 2024 that we left behind was that the company’s US Treasury bond assets reached a new record with $ 113 billion.
Bond size in many countries’ reserves Tetherbehind and the company’s reserve surplus exceeded $ 7 billion. The annual reserve surplus increase was 36 %. This shows that there is more reserves than the company exported by the company as well as 1: 1 support.
USDT is growing
In the last quarter USDT The supply increased by 23 billion dollars. This means that more liquidity has entered the markets. Although we do not see Altcoin prices, the increase in USDT demand is important. During 2024, total USDT exports increased by 45 billion dollars. This increase is almost as the total value of the second major stablecoin.
“While Tether reached these milestones, he felt the performance of gold and Bitcoin assets, which made an unrelated profit of approximately $ 5 billion throughout the year. Treasury bonds and repo agreements contributed 7 billion dollars and other traditional investments of the group contributed to 1 billion dollars.
At a significant turning point, Tether International SA de CV received a Stablecoin Exporter and Digital Asset Service Provider (DASP) license in El Salvador, which is currently serving as the new center of the group, and strengthened Tether’s mission to promote financial participation and innovation worldwide . “
TETHER’s total asset is 157.6 billion dollars and circulating USDT The total reserve obligation for tokens is $ 137.6 billion. The total reserve for circulating USDT is $ 143.7 billion.
Tether’s CEO Paolo Ardoino said;
“Tether’s last quarter of Tether strengthens our position as a global leader in financial transparency, liquidity and innovation. Tether continues to set gold standard for stability and trust in the field of digital assets, with the excess of US Treasury assets exceeding $ 113 billion, exceeding $ 7 billion and export of 45 billion dollars of 45 billion dollars during the year. Group Self -Equity exceeded $ 20 billion. ”
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
