{
  "id": 19457,
  "title": "Tether earns $1.5B in Q2 as US Treasury holdings fuel profits",
  "url": "https://urgent.news/2026/07/31/tether-earns-1-5b-in-q2-as-us-treasury-holdings-fuel-profits",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-07-31T16:25:47.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/news/tether-q2-profit-us-treasury-holdings-usdt-supply"
  },
  "original_language": "en",
  "account": "In the second quarter, Tether, the leading stablecoin issuer, reported a net operating profit of $1.5 billion, primarily fueled by interest earned on its US Treasury holdings and repurchase agreements. As of June 30, Tether's reserve surplus had grown to an impressive $4.11 billion, ensuring its assets surpassed liabilities by that significant margin. Despite the overall contraction in the stablecoin market, the circulating supply of USDt (USDT) surged by $446 million during the quarter, reaching $184.6 billion. This growth helped Tether maintain its dominant position in the global stablecoin market, accounting for more than 60% of it. The company's portfolio remains heavily invested in US Treasury securities, which are instrumental in its reserve building strategy, benefiting from the elevated short-term interest rates.",
  "summary": "Tether’s reserve surplus grew to $4.11 billion in the second quarter as USDT supply rose despite a weaker stablecoin market and continued pressure across the crypto sector.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}