Tether CEO: An increase of approximately $4 billion in excess reserves in 2023, plans to launch new products in 2024

ChainCatcher news, Tether CEO Paolo Ardoino posted on social media that currently, the market capitalization of USDT has reached 91 billion USD, with an excess reserve increase of about 4 billion USD in 2023. Tether has invested in several projects, including Holpunch, Synonym, and Northern Data, as well as Tether Energy in the Bitcoin mining sector. The company plans to launch new products in 2024 to continue consolidating existing products.