Tether, the issuer of USDT stablecoin has reported a 1.5 billion profit for the second quarter.

Tether, the issuer of USDT stablecoin has reported a 1.5 billion profit for the second quarter, driven by interest earned on US Treasury holdings. Reserve surplus also grew to $4.11 billion. The company expanded its Gold reserve to 146 tons. User base grew by 30+ millions. The company holds over 60% of the total stablecoin market. Source: Tether Q2 - Report.
Strong Tether during crypto turbulence. Why will you not want this company in your country?