🔥 Tether Q2: Profit Is One Signal. USDT Growth Is the Bigger One.
Tether reported $1.5B in Q2 net operating profit, primarily driven by its exposure to U.S. Treasuries and repurchase agreements.
But the number I’m watching more closely:
USDT supply increased by $4.46B.
Why does that matter?
Stablecoin supply can provide an important signal about the amount of dollar-denominated liquidity available across crypto markets.
But more USDT ≠ automatic bullish price action.
The real research starts here:
→ Which chains received the new USDT?
→ Is it moving toward exchanges?
→ Are whales accumulating?
→ Is stablecoin liquidity entering risk assets?
→ Or is the capital simply sitting idle?
Profit tells us about Tether.
USDT growth may tell us about market liquidity.
On-chain flows tell us where the money is actually going.
That’s the signal I want to track.
Research over Hype.
$GOOGL.US $NVDAB $AAPL.US #Tether #USDT #RWA #OnChain #OnChainFi