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Tether Surges $10B Profit Hits $135B

Tether Achieves Over $10 Billion in Profits Year-to-Date

  • Tether has published a financial attestation prepared by BDO, a leading accounting firm.
  • The company reported surpassing the $10 billion mark in profits year to date (YTD).
  • Tether has a record exposure of $135 billion to U.S. Treasuries.

Tether’s financial attestation by BDO highlights significant profit achievements and substantial exposure to U.S. Treasuries, indicating strong financial health and strategic investments. This showcases Tether’s consistent growth in the stablecoin market.

With over $10 billion in profits YTD and a $135 billion investment in U.S. Treasuries, Tether demonstrates robust financial performance and strategic asset management capabilities (Source).

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