Tether Reports $13B in Profits for 2024, Surpasses $113B in U.S. Treasuries

Tether Holdings Limited has released its Q4 2024 assurance opinion, reaffirming its financial stability and transparency.The report, conducted by BDO, confirms that Tether achieved a record-breaking year, with $13 billion in annual profits and its group equity surpassing $20 billion.Key Financial HighlightsTotal assets: $157.6 billion Total liabilities: $137.6 billion Reserves backing issued tokens: $143.7 billion Excess reserve buffer: $7 billion (+36% YoY) Total USD₮ issued in 2024: $45 billion U.S.… 

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