According to Cointelegraph: Tether reported record profits of $5.2 billion in the first half of 2024, while its full-year 2023 profit was $6.2 billion (higher than BlackRock). With $97.6 billion invested in U.S. government bonds, Tether is now among the world's largest holders of U.S. Treasuries, surpassing even countries like Germany and Australia.
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