Tether’s profit projected to near 15 billion USD this year

During the Plan B Forum in Lugano, Switzerland, CEO Paolo Ardoino stated that Tether anticipates profits reaching nearly 15 billion USD this year, a rare occurrence in the industry.

Ardoino mentioned the substantial interest from numerous companies looking to invest in Tether, although he did not disclose potential investor details. Tether aims to ensure its valuation aligns with its worth while maintaining a profit margin of around 99%.

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