TETHER HAS PURCHASED 8,888.889 BITCOIN VALUED AT $1 BILLION ON THE FINAL DAY OF Q3 2025 📈
Tether May Soon Surpass Saudi Aramco, Topping Global Profit Rankings!
Tether, the issuer of the world's largest stablecoin USDT, is potentially on track to surpass Saudi Aramco in profits, close to becoming the most profitable company in history.
In his recent note, Bitwise Chief Investment Officer Matt Hougan said that Tether's explosive growth trajectory is likely, considering the enormous global currency and money markets it can access.
This hot take comes after Hougan highlighted earlier this month that on-chain borrowing and tokenization are set to shake global capital markets over the next several years.
With over 400 million users worldwide and wallets increasing by 35 million each quarter, Tether has established a firm presence in developing countries while also strengthening the US dollar, said Hougan.
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