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Tether claims $1.5B profit, but hidden math reveals a $4.2B hit that halved its safety cushion in 90 days

CryptoSlate Published 01.08.2026 16:10

Tether's second-quarter materials report $1.5 billion in net operating profit, earned mainly from Treasuries and repo activity. However, the attached reserve report shows a negative $3.17 billion first-half financial result,…

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