Tether, the issuer of the world's largest stablecoin, has reported a record profit of $5.2 billion for the first half of 2024. This remarkable figure highlights the growing demand for Tether's USDT as a reliable stablecoin in the cryptocurrency market. The company attributes its success to increased adoption among traders and investors looking for stability amid market volatility. Tether’s robust performance reinforces its position as a key player in the digital asset ecosystem.Read more on Unchained