Tether: $13 billion out of nowhere. How does the USDT machine work?
Tether showed a profit of $13 billion for 2024 and another $1 billion in the first quarter of 2025. No trading, no NFTs, no hype tokens — just a steady stream of income. How? It’s all about the classic: users bring fiat → receive USDT → and Tether shoots those dollars into treasuries at 5%+ annually.
By the end of Q2 2025, they had increased their assets to $127+ billion. It might seem like a boring bond game… but in reality, it’s one of the most effective models in crypto.
