CryptoSpiel.com
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
No Result
View All Result
CryptoSpiel.com
No Result
View All Result

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

February 1, 2025
in Crypto News
Reading Time: 3 mins read
A A
0
Tether Supports $45M Crude Oil Trade With USDT Payments
0
SHARES
8
VIEWS
ShareShareShareShareShare
  • Tether’s 2024 report shows $13 billion in profit and reserves reaching $157.6 billion, reinforcing its dominance in the stablecoin market.
  • Tether strengthens its financial position with record-high reserves, strategic investments, and growing U.S. Treasury holdings in its latest Q4 report.

The latest audit report from BDO, an independent global accounting company, shows Tether Holdings Limited’s expanding reserves. Tether’s overall consolidated assets as of December 31, 2024, came out to be $157.6 billion with $137.6 billion of liabilities.

Tether: Increasing Profit and Reserves

Tether generated a net profit of more than $13 billion throughout 2024. On the other side, the company’s equity surged to $20 billion also. Imagine if a stablecoin corporation could log such a number in only one year. This is clearly not a coincidence but the result of a careful strategy in managing reserves and expanding into various strategic sectors.

Not stopping there, Tether also raised its visibility to $113 billion by means of US Treasuries. Tether has become one of the biggest holders of US Treasuries worldwide with this amount. This shows that the corporation guarantees the stability of its cash in addition to its concentration on commercial expansion. Tether CEO Paolo Ardoino stated:

“This Q4 report reaffirms Tether’s position as a global leader in financial transparency, liquidity, and innovation. With growing reserves and investments in new sectors, we continue to set the standard for trust in the digital asset industry.”

Surge in USDT Issuance and Additional Reserves

With almost equal total market capitalization to the second-largest stablecoin, Tether issued more than $45 billion in USDT during 2024. Not only that, Tether’s reserve buffer presently rises 36% year-on-year and approaches $7 billion.

Moreover, Tether’s gold and Bitcoin assets brought unrealized profits of over $5 billion. Bonds and repo agreements gave $7 billion; other traditional investments added $1 billion to their balance sheet.

License in El Salvador: A New Step Towards Global Expansion

As previously mentioned in our report, Tether International SA de C.V. has been licensed in El Salvador as a stablecoin issuer and digital asset service provider (DASP) in line with its worldwide development. This action not only gets an operational license but also shows Tether’s growing seriousness about broadening its commercial presence in the digital banking sector.

Tether is enhancing its goal to propel financial inclusion via blockchain technology by establishing El Salvador as its new headquarters.

Is This a Signal for a Bull Run in 2025?

Imagine if the main determinant of crypto market movements were the stability and capitalizing growth of stablecoins like as USDT. Early indicators of a significant bull run in past cycles have often been fluctuations in stablecoin issuing.

Could this be the beginning of a crypto market surge in 2025 now that reserves are rising, traditional asset exposure is rising, and Bitcoin ownership is rising? Many analysts feel that investor confidence directly relates to Tether’s stability. If this trend continues, it is not impossible that we will see a major rally in the near future.

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


Credit: Source link

RELATED POSTS

Bitcoin Calms Below $80K as Fed Hike Odds Climb: Bitfinex Alpha

3 Red Flags Are Emerging for Chainlink After LINK’s Powerful 95% Rally

CLARITY Act Risks Senate Defeat as Bipartisan Support Fades

Buy JNews
ADVERTISEMENT
ShareTweetSendPinShare
Previous Post

LayerZero Integrates Cronos (CRO) EVM and zkEVM, Enhancing Cross-Chain Connectivity

Next Post

Gemini: Over 50% of Gen Z Own Crypto, Driving Adoption Trends

Related Posts

Bitcoin Calms Below $80K as Fed Hike Odds Climb: Bitfinex Alpha
Crypto News

Bitcoin Calms Below $80K as Fed Hike Odds Climb: Bitfinex Alpha

September 8, 2026
3 Red Flags Are Emerging for Chainlink After LINK’s Powerful 95% Rally
Crypto News

3 Red Flags Are Emerging for Chainlink After LINK’s Powerful 95% Rally

September 8, 2026
CLARITY Act Risks Senate Defeat as Bipartisan Support Fades
Crypto News

CLARITY Act Risks Senate Defeat as Bipartisan Support Fades

September 8, 2026
Next Post
Gemini: Over 50% of Gen Z Own Crypto, Driving Adoption Trends

Gemini: Over 50% of Gen Z Own Crypto, Driving Adoption Trends

Retail Adoption Could Propel Solana Liquid Staking to $18B and SOL Price to $160

Solana Forms Double-Top Pattern, What’s Next for the Market

Recommended Stories

French Hill Highlights CLARITY Act as 2026 Passage Odds Hit 15%

French Hill Highlights CLARITY Act as 2026 Passage Odds Hit 15%

September 3, 2026
Fed Chair Kevin Warsh triggers a $488 million crypto liquidation cascade as rate-hike expectations rise

Fed Chair Kevin Warsh triggers a $488 million crypto liquidation cascade as rate-hike expectations rise

August 28, 2026
Bitcoin’s volatility ratio against gold collapses to 6-year low as traditional safe haven turbulence surges

Bitcoin’s volatility ratio against gold collapses to 6-year low as traditional safe haven turbulence surges

September 4, 2026

Popular Stories

  • Winklevoss Twins Continue Crypto Donation Spree With Another $1,000,000 in Bitcoin (BTC)

    Trader Says DeFi Altcoin Aave Witnessing Clear Trend Switch, Updates Forecast on Two Low-Cap Coins

    0 shares
    Share 0 Tweet 0
  • GD Culture to Acquire Pallas Capital Assets, Adding 7,500 Bitcoin to Treasury

    0 shares
    Share 0 Tweet 0
  • Year-End Bitcoin Price Bets Get Wild as 11 AI Models Target up to $105K

    0 shares
    Share 0 Tweet 0
  • BABA Price Prediction: Bears Hold the Line at $114 — But the Valuation Gap Is Getting Uncomfortable

    0 shares
    Share 0 Tweet 0
  • Bitcoin Fork BTCB2 Hits $1,799 as Thin Liquidity Fuels Wild Ride – Bitcoin News

    0 shares
    Share 0 Tweet 0
CryptoSpiel.com

This is an online news portal that aims to provide the latest crypto news, blockchain, regulations and much more stuff like that around the world. Feel free to get in touch with us!

What’s New Here!

  • Bitcoin Gains Ground in MENA Region as Crypto Volume Triples to $350B
  • Bitcoin Calms Below $80K as Fed Hike Odds Climb: Bitfinex Alpha
  • Runway’s AI Tools Now Integrated in Adobe Premiere, After Effects

Subscribe Now

Loading
  • Live Crypto Prices
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 - cryptospiel.com - All rights reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams

© 2021 - cryptospiel.com - All rights reserved!

Please enter CoinGecko Free Api Key to get this plugin works.