BiyaPay Analyst: Each Employee Earns $130 Million Annually, Tether Rules Out IPO, Becomes World's Highest Profit Per Capita "Bank"

Blockbeats
24 Jun

BlockBeats News, June 24th. In a recent interview, Tether's CEO Paolo Ardoino clearly stated that Tether has no plans to go public, emphasizing that the company is "not short of money and does not need to cash out through stocks."

He pointed out that compared to Circle, which just had an IPO, Tether has higher profits, less external reliance, and doesn't need to bear heavy distribution costs like Circle. It is estimated that Tether's valuation could conservatively reach $500 billion. By 2024, the company's net profit has reached $13 billion, with only about a hundred employees, and per capita revenue reaching as high as $130 million, far exceeding traditional financial giants such as JPMorgan Chase and Bank of America, earning the title of the "world's most profitable bank."

Furthermore, most of Tether's revenue comes from stable assets such as gold and Bitcoin, and it actively invests in AI, biotechnology, and agricultural projects, demonstrating its strategic ambition to build long-term digital economic infrastructure.

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1. Exchange USDT for 30+ fiat currencies like USD, EUR, HKD, SGD, with zero withdrawal fees, and enjoy fast and stable international remittances

2. Directly participate in US and Hong Kong stock investments with USDT, without the need for an offshore account application, making trading efficient and convenient

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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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