TechFlow, December 13 — Galaxy Research head Alex Thorn posted on X platform titled "Don’t Underestimate Tether," pointing out that Tether has built a vast investment and business operation network. The circulating supply of its USD-pegged stablecoin USDT has surpassed $185 billion. The company also invests in agriculture and robotics firms, operates Bitcoin mining and high-performance computing (HPC) data centers, and develops an AI health application (QVAC) and a private communication app (Keet).
In addition, Alex Thorn revealed new report data showing that Tether has become the largest centralized finance (CeFi) lender in the cryptocurrency sector, with loan exposure exceeding $14 billion, and paid over $10 billion in dividends to shareholders in the first nine months of this year.
