According to CoinWorld news, on July 9 (UTC+8), Tether CEO Paolo revealed in an interview that the company has built the strongest stablecoin monitoring system in the entire blockchain ecosystem and currently holds over $125 billion in U.S. Treasury bonds. In 2023, Tether achieved a profit of $13.7 billion, and Paolo stated that performance will further improve in 2024. Paolo emphasized that USDT serves the global emerging markets, while local stablecoins mainly target the U.S. market, and the company has no plans for an IPO. He revealed that commodity traders are actively contacting Tether, and the commodity trade sector is expected to become the next growth driver. Tether expects to become the world's largest Bitcoin miner by the end of 2024. Paolo stated that Tether's business essentially promotes the expansion of dollar hegemony.