Tether has released its 2023 Q4 financial report:
A record-breaking Q4 net profit of $2.85bn
2023 yearly net profit of $6.2bn
Its excess reserves registered an all-time high increase of $2.2bn, totalling $5.4bn
Cash and cash equivalents cover 90% of all issued tokens
Achieved new record highs in both direct and indirect ownership of US treasuries, with $80.3bn exposure
@Cryptocurrency_Inside
