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Tether Reports Q2 Excess Reserves Fell by More Than $4 Billion

2h ago
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Tether reported that its excess reserves fell by more than $4 billion in the second quarter, even as the stablecoin issuer said USDT remained fully backed and posted a positive net operating profit for the period. The decline in the reserve cushion is the headline change from the company's latest quarterly update.

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2h ago
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