Tether (CRYPTO: USDT) reported a Q4 profit of $2.85 billion, contributing to an annual profit of $6.2 billion. The profit includes $1 billion from U.S. T-bill interests and $1.85 billion from gold and Bitcoin holdings. Tether's assets under management are $98.5 billion, with a market cap increase from $91.7 billion to $96.2 billion over the past month. The company is expanding into Bitcoin mining and other sectors, with plans to build mining facilities in Uruguay, Paraguay, and El Salvador. Tether's transparency efforts and asset backing have been acknowledged by Cantor Fitzgerald CEO Howard Lutnick.