🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
Tether's net profit in the second quarter is 4.9 billion USD, and the USDT circulating supply has exceeded 157 billion.
On August 2, [Block Rhythm], Tether issued a total of 6 billion USDT in July this year. Previously, it released its financial report for the second quarter of 2025. The report shows that as of June 30, 2025, the Circulating Supply of USDT exceeded 157 billion USD, an increase of 20 billion USD year-to-date.
The financial report shows that Tether holds a total of 127 billion USD in US Treasury bonds, of which 105.5 billion USD is held directly and 21.3 billion USD is held indirectly, an increase of about 8 billion USD compared to the first quarter. The company achieved a net profit of 4.9 billion USD in the second quarter, with a total profit of 5.7 billion USD in the first half of 2025, of which recurring profit is 3.1 billion USD.