- Tether CEO highlights $30B+ in company equity
- Company earns $500M profit monthly
- Criticism fails to account for financial strength
The CEO of Tether has pushed back against growing FUD (fear, uncertainty, doubt), stating that critics are ignoring key financial metrics that show the company’s real strength. In a bold statement, he pointed to over $30 billion in group equity and $500 million in monthly profit, numbers that many in the crypto space had not factored into their concerns.
Tether, the issuer of USDT—the most widely used stablecoin—has faced ongoing criticism regarding transparency, reserve backing, and overall stability. But according to the CEO, such doubts lack foundation when looking at the bigger financial picture.
$30B in Equity Tells a Different Story
The mention of $30 billion in equity serves as a powerful response to those questioning Tether’s long-term solvency. Equity, which represents the residual interest in the assets after deducting liabilities, signals strong financial health. In traditional finance, this would be seen as a clear vote of confidence in a company’s ability to weather economic storms or regulatory shifts.
For Tether, this equity isn’t just a number—it’s a clear message: the company is more than adequately capitalized. This figure places Tether in a league of its own within the stablecoin ecosystem and even beyond, aligning it with some of the most well-established financial institutions.
$500 Million a Month in Profit
Equally impressive is Tether’s $500 million in monthly profits. That amounts to $6 billion in annual earnings, suggesting a robust business model driven by interest earnings on reserves and other investments. Critics who have focused solely on reserve transparency may be missing the broader picture of a company that is not only solvent but thriving.
This level of profitability also allows Tether to remain resilient in the face of regulatory pressure and market volatility. It gives the company a buffer and flexibility that many of its peers simply don’t have.
