According to him, all of Tether's investments are made at the expense of its own profits, and not at the expense of the reserves that back the stablecoins. In 2024, the company's profit amounted to $13.7 billion. The bulk of its income is generated by owning reserves, mainly represented by US Treasury bonds.
Tether's investment portfolio is quite diverse: the company invests in mining enterprises, payment services, media projects, and even sports clubs. Although Tether is registered in El Salvador, its financial interests cover global markets.
The company's main product, USDT, has a capitalization of over $162 billion and, according to Ardoino, has about 400 million users worldwide. In addition, Tether issues other stablecoins, including XAUT, a gold-backed token with a market cap of $840 million, with about 80 tons of physical metal stored in Switzerland.
The company also owns more than 100,000 bitcoins (approximately $11.7 billion at the current exchange rate) and is actively developing the mining direction. By the end of 2025, Tether intends to take a leading position in cryptocurrency mining.
Thus, Tether's investments demonstrate the company's desire to diversify its business and strengthen its position in various segments of the crypto industry and related technologies.