📢 Crypto industry news: Tether set a new profit record!

- USDT issuer Tether reported net income of $1.3 billion in the second quarter of 2024, adding to $4.5 billion in the first quarter.

- Total profit for the first half of the year was $5.2 billion, driven by investments in US Treasuries and reserves.

- Tether is also investing in Bitcoin mining, peer-to-peer texting, and decentralized AI data centers.

💬 What do you think about the future of Tether? Share your opinions in the comments!