Tether’s (CRYPTO: USDT) fourth-quarter attestation report recorded significant profits, with a substantial portion coming from the company’s gold and Bitcoin holdings. The stablecoin issuer is looking forward to a promising 2024. What Happened: Tether reported a profit of $2.85 billion for the final quarter of 2023 for an annual profit of $6.2 billion, according to its fourth-quarter attestation report. Net operational profit from U.S. T-bill interests yielded $1 billion, with $1.85 billion coming from gold and Bitcoin holdings. Tether decided to keep most of its profits within stablecoin rese…

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