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Tether reports $2.5 billion net profit in Q3 2024

Tether has released its latest Q3 report, revealing a net profit of $2.5 billion for the third quarter of 2024, bringing the total annual profit to $7.7 billion.

USDT’s circulation has grown nearly 30% in 2024, with an additional $27.8 billion worth of tokens issued this year — totaling $120 billion USDT in circulation.

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