Tether CEO Paolo Ardoino revealed that the stablecoin issuer projects an annual profit of around $15 billion, reflecting a remarkable 99% profit margin for the year.
This milestone underscores Tether’s dominance in the stablecoin market, driven by high demand for USDT in both centralized and decentralized trading environments. The company’s profit surge largely stems from its holdings in U.S. Treasury bills, which continue to generate strong yields amid elevated interest rates.
Tether’s financial strength not only reinforces confidence in USDT’s backing but also highlights how stablecoin issuers are emerging as major players within global money markets — bridging traditional finance and crypto liquidity at scale.