Tether has tripled its USDT supply since 2023, amplifying profits from US Treasury investments and solidifying its position among Wall Street’s top earners.
Tether, the world’s largest stablecoin issuer, has tripled its USDT supply since 2023, significantly boosting profits from its US Treasury holdings. The company’s reserve-backed investments in government debt generate billions in interest, placing Tether alongside the most profitable institutions in the financial sector.