Tether ended Q2 with approximately $187.7 billion in assets, including about $5.8 billion in Bitcoin, and posted $1.5B in net operating profit.

The latest Tether attestation offers a snapshot of the assets backing the world's largest stablecoin, including U.S. Treasuries and gold.

Tether generated roughly $1.5 billion in net operating profit during the second quarter and expanded its gold holdings to more than 146 tons.