Tether released the second quarter report: the first half of the profit reached $5.20 billion, a record high
Tether released the second quarter of 2024 earnings. The data shows that its profit in the first half of 2024 reached a record high of $5.20 billion, and the net operating profit reached $1.30 billion, which is the best performance of Tether ever. In addition, Tether's holdings of US Treasury bonds exceeded $97.60 billion and also hit a record high.
The total Tether token reserves in circulation are $118,436,336,293, and the total liabilities of the companies issuing Tether tokens are $113,101,998,938, of which $112,395,445,973 are related to the issued digital tokens.