According to Coinpost, Tether, a stablecoin USDT issuer, revealed in its financial statements for the second quarter (Q2) of 2024 that the company's net profit reached a record high of $5.20 billion in the first half of this year. In the second quarter (April-June) of 2024, the company achieved a net profit of $1.30 billion, a record high.
Tether's revenue in 2023 is $6.20 billion, more than BlackRock's $5.50 billion revenue in the same year. BlackRock has 20,000 employees, while Tether has 100 employees, indicating that Tether's employees are highly profitable.
Tether's second-quarter net profit reached $1.30 billion, a record high
2024-09-13 01:10:19
Coinpost report stablecoin usdt issuer tether 2024 second quarterdesk3cryptocurrencydesktopCrypto News
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Tether第二季度净利润 达13 亿美元，创历史新高Next article：
数字资产管理公司ParaFi Capital将代币化12亿美元基金
