Tether released the fourth quarter of 2024 report, showing that the annual net profit exceeded 13 billion US dollars, and the group's equity exceeded 20 billion US dollars. In the fourth quarter, the holdings of US Treasury bonds reached 113 billion US dollars, exceeding the historical record, making Tether one of the largest holders of US Treasury bonds in the world. At the same time, Tether's excess reserves exceeded 7 billion US dollars for the first time, an increase of 36% annually.