BUSINESSTHE BLOCK
Tether’s excess reserves fall by more than $4 billion amid weaker Q2 financial results
Tether's excess reserves fell by over $4 billion amid weaker Q2 financial results. The company's net profit dropped from $4.9 billion in Q2 2025 to $1.5 billion in the current quarter.
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Adjacent reporting
- Tether posts $1.5 billion operating profit in Q2 as reserve buffer falls by half
- Tether posts $1.04 billion in first-quarter profit, reaches $8.23 billion reserve buffer
- Tether posts over $1 billion Q1 profit as reserve buffer reaches record $8.2 billion
- Tether posts $1.04 billion Q1 profit, reaches $8.23 billion reserve buffer
- Tether Reports Billion-Dollar Q1 Profit Amid Crypto Slump—And Says Audit Has Begun