Tether Reports $1.5B Q2 Profit and $4.11B Reserve Buffer
Tether reported $1.5 billion in quarterly operating profit and a $4.11 billion asset buffer as USDT issuance reached $184.6 billion.
Tether reported $1.5 billion in quarterly operating profit and a $4.11 billion asset buffer as USDT issuance reached $184.6 billion.
Coinbase reported record average USDC balances in its products, but lower interest rates outweighed balance growth and reduced stablecoin revenue.