On September 18, Tether posted on its official website that Tether has become a pioneer in the stablecoin market by focusing on financial transparency, resilience, and cooperation with global law enforcement agencies. It has facilitated access to financial services, especially in areas where traditional banking systems are insufficient. This commitment to promoting global financial inclusion has made Tether a cornerstone of the modern financial ecosystem.
Tether said that its financial situation is verified by the independent accounting firm BDO, which is an industry leader in supporting global law enforcement agencies and has been committed to solving cryptocurrency fraud. Tether is also a promoter of global financial inclusion, with more than 350 million users worldwide, providing unprecedented support for the hegemony of the US dollar. The company has also demonstrated its resilience and stability in resisting market fluctuations.
BlockBeats previously reported that the Wall Street Journal published an article earlier this month stating that Tether's net profit last year reached US$6.2 billion, surpassing BlackRock, and is disrupting the United States' global sanctions system.
