Valuation Rumor: Tether is reportedly seeking a financing valuation of approximately $500 billion, a scale exceeding that of OpenAI and ByteDance, sparking widespread market discussion. Revenue and Profit: Tether achieved a profit of approximately $13.4 billion in 2024, primarily derived from interest income on low-risk assets like U.S. Treasury bonds. Its profitability far surpasses most crypto companies, but its heavy reliance on the interest rate environment and stablecoin demand raises su...

Valuation Rumor: Tether is reportedly seeking a financing valuation of approximately $500 billion, a scale exceeding that of OpenAI and ByteDance, sparking widespread market discussion. Revenue and Profit: Tether achieved a profit of approximately $13.4 billion in 2024, primarily derived from interest income on low-risk assets like U.S. Treasury bonds. Its profitability far surpasses most crypto companies, but its heavy reliance on the interest rate environment and stablecoin demand raises su...