Tether Q2 financial report: Profits reached $5.2 billion in the first half of the year, the best performance to date.
ChainCatcher news, Tether released its Q2 2024 financial report, data shows its H1 2024 profit reached a historic high of $5.2 billion, with a net operating profit of $1.3 billion, which is the best performance in Tether's history. In addition, Tether's US Treasury holdings exceeded $97.6 billion, also a historic high. The total reserve of Tether tokens in circulation is $118,436,336,293, and the total liabilities of the company issuing Tether tokens is $113,101,998,938, of which $112,395,445,973 is related to the issued digital tokens.
