Tether CEO: USDT has a market capitalization of US$91 billion and will add approximately US$4 billion in excess reserves in 2023

According to PANews, Tether CEO Paolo Ardoino said on Twitter that USDT's market value has reached about $91 billion, and it hit a new high in market value almost every day in the last quarter. In 2023, Tether added about $4 billion in excess reserves to its stablecoin comprehensive reserves. In the past few years, Tether has also co-founded several projects and supported several companies (using part of its profits outside of the stablecoin comprehensive reserves). In 2024, the team plans to launch several new products and consolidate existing products.