In 2024, Tether achieved net profits exceeding $13 billion, pushing total equity past $20 billion. The firm’s total issuance reached $45 billion, significantly enhancing its market capitalization and positioning as a leading stablecoin issuer.
With US Treasury holdings hitting $113 billion, Tether reinforces its liquidity position. Its market cap now exceeds $140 billion as they diversify investments into sectors such as Bitcoin mining and AI, reflecting strong growth and demand for USD₮.