CryptoCointelegraphabout 3 hours ago
Tether Posts $1.5B Q2 Profit on Treasury Income
1 min read
Tether reported a $1.5 billion net operating profit for Q2, driven by US Treasury interest and repurchase agreements. Its reserve surplus reached $4.11 billion, while USDT supply grew by $446 million to $184.6 billion, maintaining over 60% of the stablecoin market.
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