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
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.
