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
Starbucks (SBUX.US) officially refutes rumors: clearly denies acquiring Chipotle (CMG.US), focuses on "Back to Starbucks" transformation strategy
Starbucks publicly clarified on Monday that the company has not acquired Chipotle Mexican Grill, putting an end to the previous acquisition rumors.
BlackRock increases allocation to short-term US Treasuries and lowers US stocks: "Rate hike bets have gone too far," high yields should be prioritized
BlackRock has turned bullish on U.S. Treasury bonds for the first time in six years, upgrading short-term bonds to overweight and downgrading U.S. equities to neutral, stating that rate hike expectations are excessive and it is time to lock in yields.

AstraZeneca (AZN.US) Relizumab's new indication is expected to be included in priority review
Relizumab is a blockbuster product under AstraZeneca, with global sales projected to reach 4.718 billions USD in 2025 (YOY +20.23%).
4 Big Bank Earnings to Watch This Week as Wall Street Turns Bullish
