Tether Reports $1.04 Billion Net Profit in Q1 2026, Strengthens USDT Reserves

PANews posted on X (formerly Twitter). Tether has released its financial results for the first quarter of 2026, revealing a net profit of approximately $1.04 billion. The company's excess reserves have increased to $8.23 billion, further enhancing the security of USDT reserves. As of March 31, Tether's total assets amounted to approximately $191.77 billion, with total liabilities around $183.54 billion, resulting in assets exceeding liabilities by about $8.23 billion. Of the liabilities, approximately $183.44 billion corresponds to issued digital tokens. In terms of reserves, Tether continues to focus on short-duration, high-liquidity assets, holding approximately $141 billion in U.S. Treasury bills directly and indirectly. Additionally, the company holds around $20 billion in physical gold and approximately $7 billion in Bitcoin. Tether CEO Paolo Ardoino emphasized that the company's core objective is to ensure the stable operation of USDT in any market environment without relying on external support.