Tether News: Q2 Profit Hits $1.5B as USDT Supply Reaches $184.6B
Key Insights Tether news showed the stablecoin issuer earned $1.5 billion in second-quarter operating profit. Tether published the BDO-backed attestation on July 31, covering reserves held on June 30. The result showed how interest income still supported Tether crypto earnings during weaker market conditions. USDT supply also expanded while the wider stablecoin sector contracted during […]
Key Insights Tether news showed the stablecoin issuer earned $1.5 billion in second-quarter operating profit. Tether published the BDO-backed attestation on July 31, covering reserves held on June 30. The result showed how interest income still supported Tether crypto earnings during weaker market conditions. USDT supply also expanded while the wider stablecoin sector contracted during […]
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