Tether posts $1.04 billion in first-quarter profit, reaches $8.23 billion reserve buffer

Tether posts $1.04 billion in first-quarter profit, reaches $8.23 billion reserve buffer

The stablecoin issuer said the crypto market was highly volatile during the quarter.

Paolo Ardoino Drives $1.04B Profit for Tether as Reserves Climb to $8.23B in Q1 – #CryptoUpdatesGNIT

Key Takeaways: Tether posted $1.04B profit in Q1 2026, with reserves hitting a record $8.23B. Tether holds $141B in U.S. Treasuries, reinforcing its role in global dollar liquidity. Tether expands into bitcoin ($7B) and gold ($20B) as audit process begins. Tether Boosts Treasury Holdings to $141B as Q1 Profit Tops $1B Milestone Tether Holdings reported strong first-quarter results, underscoring the scale and resilience of the world’s largest sta…

Paolo Ardoino Drives $1.04B Profit for Tether as Reserves Climb to $8.23B in Q1

Tether posted over $1 billion in profit for the first quarter of 2026, with excess reserves reaching a record $8.23 billion. The stablecoin issuer continues to anchor its backing in U.S. Treasuries while expanding into gold and bitcoin. Key Takeaways: Tether posted $1.04B profit in Q1 2026, with res...

Tether Reports $1 Billion Profit as Reserves Hit Record High

Summary: Tether reported $1.04 billion in Q1 net profit. Excess reserves rose to a record $8.23 billion. Treasury holdings and […] The post Tether Reports $1 Billion Profit as Reserves Hit Record High appeared first on CoinsPress.