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Tether · U.S. Treasury · Federal Reserve (FED) ·

Tether Logs $1.3 billion Q2 Profit As Excess Reserves Reach $5.2 billion

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NewsBTC Editorial Team.

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Summary

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. The main driver is familiar: interest income from large holdings of U.S. Treasury assets. For more details, visit the official Tether platform.

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#Tether #U.S. Treasury #Federal Reserve (FED)