Tether's Profits Surpass $10 Billion Amid Expanding Investment Plans

Tether, a prominent stablecoin issuer, reported profits exceeding $10 billion last year, according to PANews. The company currently holds approximately $193 billion in reserve assets, with about 63% in U.S. Treasury bonds, positioning itself as the 17th largest holder of U.S. debt and the largest non-sovereign holder. Tether has introduced a compliant stablecoin, USAT, in the United States, intensifying lobbying efforts and seeking a valuation of around $500 billion. The company plans to expand its investment portfolio in commodities, AI, and energy sectors by leveraging returns from U.S. Treasury holdings. Tether is also under scrutiny for compliance issues related to transactions involving USDT and criminal activities, including those linked to Iran. The company has assured investors of its commitment to achieving a comprehensive audit by the end of 2026.