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Tether Reports $850 Million Q2 Profit, $72 Billion Exposure to US Treasuries

Altogether Tether has about $72.5 billion worth of U.S. Treasury Bills backing its USDT stablecoin, according to the report.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Tether Reports $850 Million Q2 Profit, $72 Billion Exposure to US Treasuries
Altogether Tether has about $72.5 billion worth of U.S. Treasury Bills backing its USDT stablecoin, according to the report.

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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