W

Tether posts $1.5 billion operating profit in Q2 as reserve buffer falls by half

Finance
Share
Tether posts $1.5 billion operating profit in Q2 as reserve buffer falls by half

The world’s largest stablecoin issuer added 14 metric tons of gold and about 1,800 bitcoin to its reserves during the second quarter.

Tether posts $1.5 billion operating profit in Q2 as reserve buffer falls by half


Source:CoinDesk

Disclaimer:Please read market information rationally and stay aware of investment risks. All content on this site is for informational purposes only and does not constitute investment advice.

Related Reading

US sanctions Canadian money-exchange firms over Iran ties

US also offers as much as $20 million and possible relocation for information about Iran’s nuclear program. Source:Cointelegraph

Suspicious prediction market activity seen before election poll release: NYT

Bets were placed shortly before two recent New York Times/Siena political polls were released to the public, according to a report. Source:Cointelegraph

Nvidia may face a more hostile post-election Washington: Report

CEO Jensen Huang’s relationship with President Donald Trump probably won’t save the company from a more adversarial Washington, Semafor says.…

Elon Musk opens the door for a big SpaceX acquisition

The rocket and satelliteinternet company is looking to challenge telecom giants. Source:MarketWatch

Source:https://www.coindesk.com/business/2026/07/31/tether-posts-usd1-5-billion-operating-profit-in-q2-as-reserve-buffer-falls-by-half