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Tether Reports $3.3B in Excess Reserves in Q2, Up $850M for the Quarter

The issuer of stablecoin USDT said its operational profits exceeded $1 billion in Q2 this year.

Updated Jul 31, 2023, 4:07 p.m. Published Jul 31, 2023, 4:07 p.m.
Tether (Nikhilesh De/CoinDesk)
Tether (Nikhilesh De/CoinDesk)