Tether issued 6 billion USDT in July, with total circulation increasing by $20 billion since the beginning of the year
BlockBeats News, August 2 — Tether issued a total of 6 billion USDT in July this year. Previously, Tether released its financial report for the second quarter of 2025. According to the report, as of June 30, 2025, the circulation of USDT exceeded $157 billion, an increase of $20 billion since the beginning of the year.
The financial report shows that Tether holds a total of $127 billion in U.S. Treasury bonds, with $105.5 billion held directly and $21.3 billion held indirectly, an increase of about $8 billion compared to the first quarter. The company achieved a net profit of $4.9 billion in the second quarter, with total profits for the first half of 2025 reaching $5.7 billion, including $3.1 billion in recurring profits.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum Contract Coin-Margined Open Interest Drops Over 11% from Historical High
Data: A major whale’s 10x leveraged long position on DOGE partially liquidated, incurring losses of over $3 million
Data: Whale "Sets 10 Major Targets" and Opens 5x Leveraged BTC Long Position at $112,891
Hong Kong RWA Registration Platform to Launch on August 7