クリプトドットイン

暗号に強い人材のためのオルタナティブ・リンクトイン

CEO Ardoino On Tether Q3 Performance: $2.3 Billion Gains And What Lies Ahead For The Stablecoin

-

によって

で

On Thursday, Tether (USDT), the world’s largest stablecoin issuer, released its third-quarter (Q3) assurance opinion report, revealing substantial financial results amid the broader market recovery led by Bitcoin (BTC). 

Total Tether Assets Reach All-Time High

Conducted by accounting firm BDO, the report highlights Tether’s growth, with a net profit of $2.5 billion for Q3, contributing to a consolidated profit of $7.7 billion for the first nine months of 2024. This marks a significant achievement for the company, with total assets reaching an all-time high of $134.4 billion.

Another notable accomplishment in the report was the expansion of Tether’s stablecoin supply, which now exceeds $120 billion in circulation. This represents a 30% increase since the beginning of the year and reflects the growing global demand for Tether’s stablecoin, USDT. 

Tether’s reserves are now at over $105 billion in cash and cash equivalents, including $102.5 billion in direct and indirect exposures to US Treasury bills (T-Bills). 

If categorized as a country, the stablecoin company would rank among the top 18 holders of US Treasuries globally, surpassing nations like Germany and Australia. 

CEO Ardoino Criticizes ‘Inclusion Washing’ By Other Firms

CEO Paolo Ardoino emphasized the company’s dedication to transparency and responsible risk management, stating “Tether’s performance in Q3 showcases our relentless commitment to liquidity and financial stability,” pointing to the increase in the reserve buffer to over $6 billion and investments made through Tether Investments.

The Tether CEO revealed that these investments span various sectors, including renewable energy, Bitcoin mining, artificial intelligence (AI), telecommunications, and education.

In a recent social media post on X (formerly Twitter), Ardoino also highlighted the importance of USDT in promoting financial inclusion, particularly in developing countries. He noted that a significant portion of USDT’s usage is concentrated in regions with limited traditional banking services. 

“USDt is the digital dollar for hundreds of millions of people who the banking industry has left behind,” Ardoino explained, underscoring the stablecoin’s role in providing financial access to “underserved populations.”

Despite progress, Ardoino acknowledged that a substantial portion of the global population—approximately 3 billion people—still lacks access to basic financial services. 

Ardoino further criticized the notion of “financial inclusion washing,” where companies make grand claims about enhancing financial access without delivering tangible results. In contrast, the CEO said Tether aims to lead the charge toward “a more inclusive financial ecosystem.”

Tether

At the time of writing, the market’s largest cryptocurrency, ビットコイン, was trading at $69,390, having lost its consolidation above the key $70,000 resistance level while recording a 1.2% drop in price over the past 24 hours. 

Featured image from DALL-E, chart from TradingView.com

コメント

コメントを残す

メールアドレスが公開されることはありません。 ※ が付いている欄は必須項目です

最新フィード

人気カテゴリー

ja 日本語
ja 日本語 en_US English ro_RO Română et Eesti ko_KR 한국어 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

ウェブサイトを検索

人気記事

タグ

#AlexeyPertsev (1) #Bidenクリプトバン (1) #Biden選挙 (1) #BinanceVsCoinbase (1) #ビットコイン (401) #BitcoinETF (3) #ビットコイン基礎知識 (1) #ビットコインの取り扱い (1) #Bビットコイン価格 (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #ビットコイン・サージ (1) #Bitcoinトップ (1) #Bitfinex (1) #ビットワイズ (1) #BracebridgeCapital (1) #BRC20トークン (1) #BTC取得 (1) #Bullish予測 (1) #Bullishセンチメント (1) #中国鉱業 (1) #CPプレビュー (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #クリプトマニア (1) #CryptoMarket (4) #CryptoPrediction (1) #Crypto予測 (1) 1TP5トリプトレギュレーション (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty（暗号の不確実性 (1) #Dデリバティブジャンプ (1) #Dogecoin (71) #Dogecoinゲイン (1) #Dogecoinボリューム (1) #ダッチコート (2) #ECコマース (1) #ElSalvadorビットコイン (1) #Ethereum (65) #EthereumPain (1) #EthereumPrice (1) 1TP5専門家の意見 (1) #Fedレートカット (1) #FiatCurrency (1) #フィナンシャル・インパクト (1) #フィナンシャル・プライバシー (1) #Firmシャットダウン (1) #F凍結アカウント (1) 1TP5自己資金 (1) #InflationData (1) 1TP5投資 (1) 1TP5投資損失 (1) #日本ファーム (1) #法的措置 (1) 1TP5法的影響 (1) #法律 (1) #LightningNetwork (1) #市場分析 (3) #Mマーケットモニタリング (1) #M市場予測 (1) #市場予測 (1) #M市場予測 (1) #Mマーケットサポート (1) #マーケットボラティリティ (1) #マリッジ (1) #MemeCoin (5) #Memeコイン (2) #Miner収益性 (1) #マネーロンダリング (2) #MtGox (4) #北朝鮮暗号 (1) #ノボグラッツ予想 (1) #Priceマイルストーン (1) #P価格予測 (2) #Price質問 (1) #プライスサージ (1) #Prisonセンテンス (1) #QuantAnalysis (1) 1TP5規制圧力 (1) #SECアンチクリプト (1) #ShibaInu (5) #SocialBuzz (1) #技術分析 (1) #トンコイン (3) #トルネードキャッシュ (3) #TornadoCashDev (1) #TornadoCashデベロッパー (1) #UKクリプト (1) #Upsideポテンシャル (1) #USCongress（米国議会 (1) #ワイオミングランド (1) #XRP価格 (1) #XRPupswing (1)

お役立ちリンク

私が役に立ち、共有したいと思ったリンク