Tether 打破季度營收紀錄，突破 45 億美元里程碑

領先的穩定幣提供商 Tether 報告稱，在美國國債、比特幣和黃金儲備大幅增長的推動下，2024 年第一季利潤達到創紀錄的 45.2 億美元。該公司持有的美國國債約佔淨利潤 10 億美元，而其比特幣和黃金頭寸按市值計價的大幅收益則貢獻了剩餘利潤。

Tether Breaks Quarterly Profit Record, Surpassing $4.5 Billion Mark

Tether 打破季度利潤記錄，突破 45 億美元大關

In a groundbreaking achievement, Tether, the leading provider of stablecoins, has reported an astounding $4.52 billion profit for the first quarter of 2024, eclipsing all previous financial records. This unprecedented financial performance underscores Tether's unwavering dominance in the stablecoin market and its unwavering commitment to conservative risk management.

領先的穩定幣提供商 Tether 取得了突破性的成就，公佈 2024 年第一季利潤高達 45.2 億美元，打破了之前的所有財務記錄。這項前所未有的財務表現凸顯了 Tether 在穩定幣市場堅定不移的主導地位及其對保守風險管理的堅定承諾。

U.S. Treasury Holdings and Cryptocurrency Appreciation Drive Record Profits

美國國債持有量和加密貨幣升值推動利潤創紀錄

Tether's remarkable financial success can be attributed to a judicious combination of substantial U.S. Treasury holdings and significant gains in its Bitcoin and gold reserves. The company's U.S. Treasury holdings, the bedrock of its USDT stablecoin, accounted for approximately $1 billion in net operating profits.

Tether 取得的顯著財務成功可歸因於其持有的大量美國國債及其比特幣和黃金儲備的大幅增長的明智組合。該公司持有的美國國債是其 USDT 穩定幣的基石，約佔淨利潤 10 億美元。

The remaining profit surge stemmed from the substantial appreciation of Tether's Bitcoin and gold reserves. In the first quarter alone, Tether's Bitcoin holdings surged from $2.8 billion to an impressive $5.4 billion, while its gold position grew from $3.5 billion to $3.7 billion. These mark-to-market gains have acted as a catalyst for Tether's overall financial triumph.

剩下的利潤激增源自於Tether的比特幣和黃金儲備的大幅升值。光是第一季度，Tether 的比特幣持有量就從 28 億美元飆升至令人印象深刻的 54 億美元，而其黃金部位則從 35 億美元增至 37 億美元。這些以市值計算的收益成為 Tether 整體財務勝利的催化劑。

Excess Reserves Provide Robust Buffer Against Market Volatility

超額準備金為市場波動提供強而有力的緩衝

Tether's conservative approach to risk management is reflected in its robust excess reserves, which now total a staggering $6.3 billion. This ample buffer provides a safety net against potential drawdowns or risks, underscoring the company's commitment to safeguarding its investors' interests.

Tether 保守的風險管理方法體現在其強勁的超額準備金上，目前該準備金總額達到驚人的 63 億美元。這一充足的緩衝為應對潛在的虧損或風險提供了安全網，突顯了該公司保護投資者利益的承諾。

Transparency and Openness: Tether's Cornerstones

透明度和開放性：Tether 的基石

CEO Paolo Ardoino has reaffirmed Tether's unwavering commitment to transparency, openness, and conservative risk management. Quarterly attestation reports, corroborated by BDO, provide stakeholders with a detailed overview of the company's financial standing.

執行長 Paolo Ardoino 重申了 Tether 對透明度、開放性和保守風險管理的堅定承諾。由 BDO 證實的季度鑑證報告為利害關係人提供了公司財務狀況的詳細概述。

Despite not yet undergoing an audit by one of the "Big Four" accounting firms, Tether maintains a strong track record of providing accurate and timely financial disclosures. The company's efforts to foster relationships with these firms underscore its determination to enhance its financial reporting practices.

儘管尚未接受「四大」會計師事務所之一的審計，Tether 在提供準確、及時的財務揭露方面保持著良好的記錄。該公司與這些公司建立關係的努力凸顯了其加強財務報告實務的決心。

Expanding Horizons: Tether Beyond Stablecoins

拓展視野：超越穩定幣的 Tether

As Tether continues to expand its business beyond stablecoins, its forays into data, blockchain-based financial infrastructure, and mining and energy sectors further demonstrate its ability to adapt and thrive in the ever-evolving cryptocurrency landscape. The company's robust financial position provides a solid foundation for its ambitious growth plans.

隨著 Tether 繼續將其業務擴展到穩定幣之外，其對數據、基於區塊鏈的金融基礎設施以及採礦和能源領域的進軍進一步證明了其適應不斷變化的加密貨幣環境並蓬勃發展的能力。該公司穩健的財務狀況為其雄心勃勃的成長計劃奠定了堅實的基礎。

Key Findings from Tether's Q1 2024 Attestation Report:

Tether 2024 年第一季認證報告的主要發現：

• Net operating profits of approximately $1 billion, primarily derived from U.S. Treasury holdings
• Mark-to-market gains from Bitcoin and gold positions contributed to record-breaking profits
• Total excess reserves now stand at $6.3 billion, providing a robust buffer against potential risks
• Secured loans on balance sheet fully covered by excess reserves
• Tether maintains a substantial bond portfolio, as verified by prominent financial figures

Conclusion

淨利潤約為10 億美元，主要來自持有的美國國債比特幣和黃金頭寸按市價計算的收益帶來了創紀錄的利潤超額準備金總額目前為63 億美元，為應對潛在風險提供了強大的緩衝資產負債表上的擔保貸款已全部記錄由超額準備金覆蓋 Tether 維持著大量的債券投資組合，這一點已得到知名財務數據的證實結論

Tether's record-breaking $4.52 billion profit for the first quarter of 2024 is a testament to the company's unwavering financial strength and its ability to navigate the complexities of the cryptocurrency market. With its conservative risk management approach, commitment to transparency, and ambitious growth plans, Tether remains poised to continue its leadership in the stablecoin space and beyond.

Tether 2024 年第一季創紀錄的 45.2 億美元利潤證明了該公司堅定不移的財務實力及其應對複雜的加密貨幣市場的能力。憑藉其保守的風險管理方法、對透明度的承諾以及雄心勃勃的成長計劃，Tether 仍然準備繼續保持其在穩定幣領域及其他領域的領導地位。