According to a report by Fortune magazine on January 27th (UTC+8), Tether projects approximately $15 billion in profits by 2025. Tether's holdings of US Treasury bonds exceed those of large economies like South Korea, and it also holds substantial amounts of Bitcoin and gold. CEO Paolo Ardoino stated that with the GENIUS Act clarifying the regulatory framework for stablecoins, stablecoins are moving from a "fringe issue" in the crypto space to mainstream treasury and financial systems. In recent years, Tether has also increased its investments in data centers, satellites, agriculture, telecommunications, and media, seeking expansion beyond the financial sector. (Source: ME)
Tether is projected to achieve approximately $15 billion in profits by 2025.
This article is machine translated
Show original
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content
