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According to reports, Tether announced its audit report for the second quarter of 2025, confirming a net profit of approximately 4.9 billion USD for the quarter, with a cumulative net profit of 5.7 billion USD for the first half of the year, of which 3.1 billion USD comes from regular income, and another 2.6 billion USD from the market capitalization rise of Bitcoin and gold. As of June 30, Tether holds over 127 billion USD in U.S. Treasury bonds (of which 105.5.