Bitwise CIO: Tether’s Growth Could Make It History’s Most Profitable Company Ever
Tether's staggering expansion positions it to potentially outpace even Saudi Aramco as the most profitable company in history, according to Bitwise Chief Investment Officer Matt Hougan. With 400 million global users and $127 billion in U.S. Treasury holdings, the stablecoin issuer's growth trajectory mirrors that of tech giants like OpenAI and SpaceX.
The firm's dominance in emerging markets—where USDT frequently substitutes volatile local currencies—fuels its exponential adoption. At current interest rates, scaling to $3 trillion in assets would eclipse all historical corporate earnings records. Tether's silent accumulation of Bitcoin reserves adds another layer to its financial fortress.