May 01, 2026
Tether Posts $1.04B Q1 2026 Profit as Reserve Buffer Hits Record $8.23B High
TLDR: Tether posted $1.04B in net profit for Q1 2026 despite highly volatile global market conditions. Excess reserves climbed to a record $8.23B, ranking third among all stablecoins on a standalone basis. Tether holds $141B in U.S. Treasury bills, making it the 17th largest Treasury holder worldwide. USD₮ circulation grew by over 5B tokens into [...]
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