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Markets

Tether Made $1.5 Billion Last Quarter on Interest Its Users Do Not Receive

Tether posted a net operating profit of $1.5 billion for the second quarter, driven primarily by interest income from its US Treasury portfolio and repurchase agreements, according to the com

AnonymousCryptoCompass newsroom
August 2, 2026
1 min read
NEWS
Tether Made $1.5 Billion Last Quarter on Interest Its Users Do Not Receive
CryptoCompass editorial visual for markets coverage.

Tether posted a net operating profit of $1.5 billion for the second quarter, driven primarily by interest income from its US Treasury portfolio and repurchase agreements, according to the company’s latest quarterly attestation released on Friday.

The money that generated it belongs, in economic terms, to the people holding USDT. They receive none of the return on it.

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