- Tether disclosed $1.04 billion in profit for Q1 2026, offering unprecedented financial clarity.
- The company’s equity buffer reached a record $8.23 billion, representing 4.5% of total liabilities.
- Reserves are diversified, including $141 billion in U.S. Treasury instruments, Gold, and Bitcoin.
- Retail sentiment around USDT was ‘bullish’ while chatter volume remained ‘low’ according to reports.
Tether, the issuer of the world’s largest stablecoin, reported $1.04 billion in profit for the first quarter of 2026. This disclosure provides one of the clearest views yet into the privately held company’s financial position.
The figure was revealed in a quarterly reserves attestation audited by BDO Advisory Services. Consequently, it marks the closest the company has come to detailing its earnings, though it is not a full income statement. Meanwhile, retail sentiment around USDT trended in ‘bullish’ territory over the past day, accompanied by ‘low’ levels of chatter according to reports.
The bulk of earnings continues to come from interest income tied to its reserve holdings. Total assets stood at $191.77 billion as of March 31, with approximately $141 billion in short-term U.S. Treasury instruments.
Tether’s equity buffer, the excess of assets over liabilities, rose to $8.23 billion. Liabilities totaled $183.54 billion, largely reflecting USDT tokens in circulation.
The company reported holdings of $19.8 billion in physical gold, $15.8 billion in secured loans, and $6.6 billion in Bitcoin. However, the report also disclosed an unresolved class action lawsuit in New York related to Bitcoin Price movements in 2017 and 2018.
Tether does not publish fully audited financial statements. Therefore, the quarterly attestation remains the primary public window into its finances.
✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.
