Tether Eyes $15 Billion in 2025 Profits as IPO Buzz Heats Up

Tether CEO Paolo Ardoino. Photo by BeInCrypto Tether CEO Paolo Ardoino recently claimed that his company will make $15 billion in profit this year. He added that it has a 99% profit margin, which would be astronomically successful. Of course, we should interpret these comments in light of a rumored impending IPO. Ardoino also stated that its purported $500 billion valuation would be "very cheap," and described turning away investors. Tether's Surging Profits Tether, the world's largest stablecoin issuer ...