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Tether earns $1.5B in Q2 as US Treasury holdings fuel profits
.1 min read
Tether reported a profit of $1.5 billion in the second quarter, driven by its holdings in US Treasury securities. The company's reserve surplus increased to $4.11 billion as the supply of USDT rose, even amid challenges in the stablecoin market and the broader cryptocurrency sector.
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Source: CoinTelegraph · Report an issue