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Stablecoin giant Tether has reported a net profit of $4.52 billion for Q1 2024, with a significant portion of the profit coming from its long-standing businesses.
The company has recently expanded its operations, introducing new divisions such as Tether Edu, Tether Power, and Tether Data.
Tether’s CEO, Paolo Ardoino, has praised the company’s financial strength and stability, as demonstrated by this latest profit report.
穩定幣巨頭 Tether 公佈 2024 年第一季淨利潤為 45.2 億美元,其中很大一部分利潤來自其長期業務。該公司最近擴大了業務,引入了 Tether Edu、Tether Power 和 Tether Data 等新部門。 Tether 執行長 Paolo Ardoino 讚揚了該公司的財務實力和穩定性,最新的利潤報告證明了這一點。
Tether, the world’s largest stablecoin issuer, has reported a record-breaking net profit of $4.52 billion in Q1 2024, demonstrating the company’s financial strength and stability.
Expansion Beyond Stablecoins
Earlier this week, Tether revealed that it had made more than $4.52 billion in net profit in the first quarter of 2024. The company has recently expanded its operations, introducing new divisions such as Tether Edu, Tether Power, and Tether Data. These divisions handle digital skills education, sustainable Bitcoin mining operations, and strategic investments in emerging technologies, respectively.
全球最大的穩定幣發行商 Tether 公佈 2024 年第一季淨利潤達到創紀錄的 45.2 億美元,展現了該公司的財務實力和穩定性。超越穩定幣的擴張 本週早些時候,Tether 透露,2024 年第一季淨利潤超過 45.2 億美元。這些部門分別負責數位技能教育、永續比特幣挖礦營運以及新興技術的策略投資。
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Record-Breaking Profits
Despite the recent expansion, a substantial portion of the profits came from Tether’s long-standing businesses and not the newly formed divisions. Tether Finance, which ... Read the full article for FREE at COINOTAG!
破紀錄的利潤儘管最近進行了擴張,但很大一部分利潤來自 Tether 的長期業務,而不是新成立的部門。 Tether Finance,...在 COINOTAG 免費閱讀全文!