Sentiment: Positive
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Tether News: Q2 Excess Reserves Halve as Financial Result Swings to Loss
By Nidhi Kolhapur at 2026-10-09 14:28
Sentiment: Positive
The post Tether News: Q2 Excess Reserves Halve as Financial Result Swings to Loss appeared first on Coinpedia Fintech News Tether reported that its excess reserves fell from a record $8.23 billion at the end of the first quarter to $4.11 billion as of June 30. While the company posted $1.5 billion in Q2 net operating profit, its first-half comprehensive financial result was approximately negative $3.17 billion. Combined with its previously reported Q1 net profit … Continue reading...
Categories: Short News
Tags: #Short News #Stablecoin
Source Coinpedia