Tether Delivers $1.5B in Net Operating Profit for Q2 and Lifts Gold Reserves Above 146 Tons
Covered by 2 sources · 2 articles
2 outlets - including Yahoo and Crypto-economy - are covering this story. TL;DR Quarterly Profit: Tether generated about $1.50 billion in net operating profit, driven by U.S. Treasuries and repo. Reserve Strength: Tether’s Assets reached $187.75 billion against $183.64 billion in liabilities, leaving a $4.11 bill…
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Tether boosts gold holdings to over 146 tons
Tether Delivers $1.5B in Net Operating Profit for Q2 and Lifts Gold Reserves Above 146 Tons
TL;DR Quarterly Profit: Tether generated about $1.50 billion in net operating profit, driven by U.S. Treasuries and repo. Reserve Strength: Tether’s Assets reached $187.75 billion against $183.64 billion in liabilities, leaving a $4.11 bill…