Tether Reports $10 Billion Profit and Record U.S. Treasury Holdings

Tether has announced a profit of $10 billion over the past year, highlighting its robust financial performance. According to NS3.AI, the company also holds $6.3 billion in excess reserves, underscoring its strong liquidity position. Tether's U.S. Treasury holdings have reached a record $141 billion, reflecting its increased emphasis on secure assets to back its stablecoin operations.