Tether anticipates net profits exceeding 10 billion USD for 2024. This growth is fueled by increased demand for USDT as cryptocurrencies like Bitcoin hit record levels, attracting 109 million wallets.
Tether invests over half of its profits in various sectors, including a significant 775 million USD in Rumble. In 2024, the company aims to focus on investments in artificial intelligence.
Tether plans to explore expanded investments in the U.S. Due to favorable regulatory changes expected under potential President Donald Trump, which could enhance its operational landscape.
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