TLDR Crypto · MISCELLANEOUS

TETHER Q2 ATTESTATION REPORT

threadreaderapp.com3 min read

Summary from the TLDR Crypto newsletter

Tether's Q2 2024 report reveals record-breaking profits of $5.2 billion and highlights the company's significant ownership of U.S. Treasury bills, which surpass $97.6 billion. The group's equity reached nearly $12 billion, solidifying its financial strength and leadership in the stablecoin market.