Tether’s Record $1.3 Billion Q2 Profit Puts It Among Top Treasury Holders Globally

TL;DR Tether reports record net operating profit of $1.3 billion for Q2 2024, bringing the total to $5.2 billion in the first half of the year. Tether’s exposure to U.S. Treasury bonds hit an all-time high of $97.6 billion, ranking 18th globally in Treasury ownership. The Group’s consolidated net worth is $11.9 billion as of ... source: https://crypto-economy.com/tethers-record-1-3-billion-q2-profit-puts-it-among-top-treasury-holders-globally/