PANews reported on March 13th, citing Bloomberg, that stablecoin issuer Tether earned over $ 10 billion in profit last year and currently holds approximately $ PANews reported on March 13th, citing Bloomberg, that stablecoin issuer Tether earned over $ 10 billion in profit last year and currently holds approximately $
Tether seeks to complete a full audit by the end of 2026 and is seeking a valuation of approximately $500 billion.
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PANews reported on March 13th, citing Bloomberg, that stablecoin issuer Tether earned over $ 10 billion in profit last year and currently holds approximately $ 193 billion in reserve assets, about 63% of which are U.S. Treasury bonds. It claims to be the 17th largest and largest non-sovereign holder of U.S. Treasury bonds. The company launched the compliant stablecoin USAT in the U.S., intensified its lobbying efforts, and sought a valuation of approximately $ 500 billion. It plans to continue expanding its portfolio in commodities, AI , and energy through the proceeds from its U.S. Treasury bond holdings. Tether also faces regulatory pressure regarding its USDT transactions related to criminal activities and Iran. Tether told investors that it is "striving" to complete a full audit by the end of 2026 .
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