
#TetherQ2Profit1.5B
About TetherQ2Profit1.5B
Tether's Q2 attestation shows $1.5B in net operating profit, mainly from Treasury and repo yields. USDT in circulation hit $184.6B, up just ~$446M for the quarter, near-flat growth mirroring Q2's shrinking volumes and prices. Gold reserves rose 14 tonnes to 146.2 tonnes and Bitcoin grew 1,796 to 98,933 BTC, but reported excess reserves fell to $4.11B, nearly halving from Q1. Stable profit alongside a thinning safety cushion: the report shows both sides of diversification.
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