Companies • July 31, 2025, 11:17AM EDT Quick Take Tether, the world’s largest stablecoin issuer, said it registered a net profit of $4.9 billion, setting a new quarterly record. The previous record was $4.5 billion, set in Q1 2024. The company held nearly $9 billion in bitcoin at the end of the fiscal period. Stablecoin juggernaut Tether scored a new quarterly record during the second quarter by posting a net profit of $4.9 billion, the company said on Thursday.Tether's previous net profit recor...