BUSINESSCOINDESK
Tether posts $1.5 billion operating profit in Q2 as reserve buffer falls by half
Tether reported a $1.5 billion operating profit in Q2. However, its reserve buffer decreased by half during the same period.
Related Signal
Adjacent reporting
- Tether posts $1.04 billion Q1 profit, reaches $8.23 billion reserve buffer
- Tether posts $1.04 billion in first-quarter profit, reaches $8.23 billion reserve buffer
- Tether’s excess reserves fall by more than $4 billion amid weaker Q2 financial results
- Tether posts over $1 billion Q1 profit as reserve buffer reaches record $8.2 billion
- Tether Reports Billion-Dollar Q1 Profit Amid Crypto Slump—And Says Audit Has Begun