Tether reports Q2 net operating profit of $1.5 billion, USDT circulating supply rises to $184.6 billion
2026-08-07 15:16
Odaily News: Tether's Q2 net operating profit was $1.5 billion, primarily derived from interest generated by its U.S. Treasury holdings and repurchase agreements. As of June 30, Tether's reserve buffer stood at $4.11 billion, with assets exceeding liabilities by the same amount.
USDT's circulating supply increased by $446 million to $184.6 billion, accounting for over 60% of the global stablecoin market. DeFiLlama data shows the global stablecoin market size is approximately $307 billion, with Tether remaining one of the major holders of U.S. Treasury securities.
Asset management firm BlackRock has launched two tokenized money market products aimed at stablecoin issuers to help meet reserve requirements under the U.S. GENIUS Act. One of the funds tokenizes shares of its existing Treasury liquidity strategy on Ethereum, while the other is an institutional-grade money market instrument designed to support multiple chains and automatically reinvest returns.
USDT's circulating supply increased by $446 million to $184.6 billion, accounting for over 60% of the global stablecoin market. DeFiLlama data shows the global stablecoin market size is approximately $307 billion, with Tether remaining one of the major holders of U.S. Treasury securities.
Asset management firm BlackRock has launched two tokenized money market products aimed at stablecoin issuers to help meet reserve requirements under the U.S. GENIUS Act. One of the funds tokenizes shares of its existing Treasury liquidity strategy on Ethereum, while the other is an institutional-grade money market instrument designed to support multiple chains and automatically reinvest returns.
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