Tether Reports $1.3B Q2 Profit As Excess Reserves Reach $5.2B
Market / Price
Tether reported $1.3 billion in Q2 net operating profit in its latest BDO attestation statement, while excess reserves rose to $5.2 billion above full USDT backing. The figures keep Tether at the center of the stablecoin market's profitability and reserve debate.
USDT
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