Tether reports $5.7 billion profit amid record $127 billion US Treasury investments

Tether has minted over $20 billion worth of USDT since the start of 2025, pushing the stablecoin’s total circulation beyond $157 billion, according to its quarterly attestation report released on J...

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Tether reports $5.7 billion profit amid record $127 billion US Treasury investments

Source: CryptoSlate

Tether has minted over $20 billion worth of USDT since the start of 2025, pushing the stablecoin’s total circulation beyond $157 billion, according to its quarterly attestation report released on July 31. The company noted that over $13.4 billion in USDT was issued during the second quarter alone, reflecting strong demand for the dollar-pegged token […]