Tether CEO Paolo Ardoino announced that the company expects its profits to reach nearly $15 billion this year, highlighting the stablecoin issuer's financial strength. Speaking at the Plan B Forum in Lugano, Ardoino noted the rarity of such profits, emphasizing Tether's independence from external investment despite significant interest from potential investors.
Ardoino mentioned that many companies are eager to invest in Tether, but the company is cautious about accepting investments unless valuations are favorable. He hinted at potential synergies with technology and fund portfolios but did not disclose specific investor details. Tether boasts a profit margin of 99%, a figure Ardoino claims is unparalleled globally, though he did not confirm if these figures align with standard reporting practices for listed companies.
Tether Projects $15 Billion Profit for 2025 Amid Strong Investor Interest
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