đ USDT issuer Tether has reported record profits of $5.2 billion for the first half of 2024. The company reported a net operating profit of $1.3 billion.
Tether's reserves in U.S. Treasuries exceeded $97.6 billion, beating Germany, the UAE and Australia.
More than $8 billion USDT was issued in the second quarter. Reserves are estimated at $118.4 bln with liabilities of $113.1 bln.
