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

AI Summary 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. fulltext: 172 chars | fulltext source: rss-fallback | summary method: extractive Original: https://cointelegraph.com/news/tether-q2-profit-us-treasury-holdings-usdt-supply?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound Source: CoinTelegraph