Tether earns $1.5B in Q2 as US Treasury holdings fuel profits

Tether earns $1.5B in Q2 as US Treasury holdings fuel profits

Tether earns $1.5B in Q2 as US Treasury holdings fuel profits

Tether’s reserve surplus grew to $4.11 billion in the second quarter as USDT supply rose despite a weaker stablecoin market and continued pressure across the crypto sector.

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