MrDecentralize on Nostr: Tether just revealed a record-breaking $13B profit in 2023. That’s more than ...
Tether just revealed a record-breaking $13B profit in 2023.
That’s more than Goldman Sachs or BlackRock made last year. 🤯
How did the world’s biggest stablecoin company pull this off? And what does it mean for crypto? 👇
Tether ($USDT) made:
$7B from U.S. Treasuries & repo markets
$5B from unrealized BTC & gold gains
$1B from other investments
For a company that prints stablecoins, that’s some serious cash.
It holds $143.7B in assets vs. $136.6B in liabilities—leaving $7B in excess reserves.
This is one of the biggest capital cushions Tether has EVER had.
But there's more…
They’ve been quietly stacking BTC—now holding 84,000 Bitcoin, worth $7.8B at year-end.
This makes them one of the top institutional Bitcoin holders worldwide.
Why is a stablecoin company betting big on BTC?
With a $140B market cap, Tether is the fourth-largest crypto and the backbone of digital asset trading.
But there’s a problem: Exchanges are delisting USDT for EU users due to MiCA regulations.
Could this impact its dominance?
They just announced plans to move HQ to El Salvador, the Bitcoin-friendly nation led by Nayib Bukele.
With crypto regulation tightening in the US & EU, this could be a strategic escape hatch.
Why does this matter? Tether is proving it’s more than just a stablecoin printer.
Massive profits
Growing BTC reserves
Strategic relocation to a Bitcoin hub
This isn’t just about stablecoins—it’s about the future of crypto financial powerhouses.
The big question: Should we trust Tether? They’re printing billions, buying BTC, and moving jurisdictions.
Are they building the future of decentralized finance? Or is this the biggest house of cards in crypto?
That’s more than Goldman Sachs or BlackRock made last year. 🤯
How did the world’s biggest stablecoin company pull this off? And what does it mean for crypto? 👇
Tether ($USDT) made:
$7B from U.S. Treasuries & repo markets
$5B from unrealized BTC & gold gains
$1B from other investments
For a company that prints stablecoins, that’s some serious cash.
It holds $143.7B in assets vs. $136.6B in liabilities—leaving $7B in excess reserves.
This is one of the biggest capital cushions Tether has EVER had.
But there's more…
They’ve been quietly stacking BTC—now holding 84,000 Bitcoin, worth $7.8B at year-end.
This makes them one of the top institutional Bitcoin holders worldwide.
Why is a stablecoin company betting big on BTC?
With a $140B market cap, Tether is the fourth-largest crypto and the backbone of digital asset trading.
But there’s a problem: Exchanges are delisting USDT for EU users due to MiCA regulations.
Could this impact its dominance?
They just announced plans to move HQ to El Salvador, the Bitcoin-friendly nation led by Nayib Bukele.
With crypto regulation tightening in the US & EU, this could be a strategic escape hatch.
Why does this matter? Tether is proving it’s more than just a stablecoin printer.
Massive profits
Growing BTC reserves
Strategic relocation to a Bitcoin hub
This isn’t just about stablecoins—it’s about the future of crypto financial powerhouses.
The big question: Should we trust Tether? They’re printing billions, buying BTC, and moving jurisdictions.
Are they building the future of decentralized finance? Or is this the biggest house of cards in crypto?