Tether’s $1.5 billion Q2 profit and the reserve buffer problem

Tether earned $1.5 billion in three months while its safety cushion fell by half, raising questions about whether the world’s largest stablecoin can sustain its reserve strategy through a rate cycle. The numbers look strong. Tether generated $1.5 billion in…
Tether earned $1.5 billion in three months while its safety cushion fell by half, raising questions about whether the world’s largest stablecoin can sustain its reserve strategy through a rate cycle. The numbers look strong. Tether generated $1.5 billion in…
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Tether's significant profit alongside a halved reserve buffer raises concerns about its stability, which could negatively impact confidence in stablecoins and related cryptocurrencies.
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