🧐 Tether reported record profits of $5.2 billion in the first half of 2024.

▪️Their holdings of US Treasuries have now surpassed Germany's.
▪️ Tether plans to use these profits to increase its reserves and buy even more Bitcoin.
▪️ Additionally, in an effort to become more transparent, the company plans to begin publishing real-time data on its reserves in 2024.

🧐 Tether reported record profits of $5.2 billion in the first half of 2024.

▪️Their holdings of US Treasuries have now surpassed Germany's.
▪️ Tether plans to use these profits to increase its reserves and buy even more Bitcoin.
▪️ Additionally, in an effort to become more transparent, the company plans to begin publishing real-time data on its reserves in 2024.
https://tether.io/news/tether-q2-2024-attestation-reports-record-breaking-5-2-billion-profit-in-first-half-of-2024-highest-treasury-bill-ownership-ever-largest-ever-group-consolidated-equity-at-almost-12-billion/

Tether's massive profits, plans to boost reserves and buy more Bitcoin, and commitment to transparency through real-time data publication show their growing influence in the crypto space.