Tag Archives: Tether profits

Tether Q2 Net Profit Hits $4.9 Billion, Pushing Total Earnings To $5.7 Billion

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Tether, the company behind the market’s largest stablecoin USDT, has announced major financial results for the second quarter (Q2) of the year, reporting a net profit of $4.9 billion.  Tether Achieves $5.7 Billion In Earnings For H1 2025 According to the report, this surge in profitability comes amid the issuance of over $13.4 billion in… Continue reading Tether Q2 Net Profit Hits $4.9 Billion, Pushing Total Earnings To $5.7 Billion→

Tether Reports Record-Breaking $5.2 Billion Net Profit In Latest 2024 Audit

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Tether, one of the largest crypto companies in the industry and issuer of the most widely used stablecoin USDT, has released its attestation report for the first half of the year, recording substantial gains that amount to nearly $1 billion per month. Transition To US Treasuries Pays Off According to the report, independently audited by… Continue reading Tether Reports Record-Breaking $5.2 Billion Net Profit In Latest 2024 Audit→

Stablecoin Giant Tether Strikes Gold: Achieves Record Net Profit Of $4.5 Billion In Q1

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Stablecoin issuer Tether, a prominent player in the cryptocurrency market behind the widely used USDT stablecoin, has released its audit statement for the first quarter of 2024, accompanied by a report conducted by independent accounting firm BDO.  The report, which provides additional financial information beyond the reserves backing Tether’s fiat-denominated stablecoins, shows the company’s profit… Continue reading Stablecoin Giant Tether Strikes Gold: Achieves Record Net Profit Of $4.5 Billion In Q1→