Tether Reports $1.04B Q1 Profit, $8.23B Reserve Buffer

Tether, the stablecoin issuer, posted a first-quarter profit of $1.04 billion and reached a reserve buffer of $8.23 billion. The company noted that the crypto market was highly volatile during the first quarter.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Senators Warren, Wyden Question Lutnick Over Tether Loan to Children's Trust

Senators Elizabeth Warren (D-MA) and Ron Wyden (D-OR) have written to Commerce Secretary Howard Lutnick and Tether CEO Paolo Ardoino requesting information about loans made by the stablecoin firm to a trust

CryptoFrontier7h ago

Tether Posts $1.04B Q1 2026 Profit as Reserve Buffer Hits Record $8.23B

According to an attestation report prepared by independent accounting firm BDO, Tether posted $1.04 billion in net profit during Q1 2026, with excess reserves reaching a record $8.23 billion as of March 31. Tether's reserves remain heavily concentrated in short-duration, high-quality liquid instrum

GateNews8h ago

Tether Pushes XXI Merger Plan With Strike and Elektron

Tether plans mergers with Strike and Elektron to unify mining, financial services, and capital markets into one integrated entity. Elektron adds 50 EH/s mining capacity while Strike contributes global Bitcoin services across 100+ countries and markets. Proposal shifts Twenty-One Capital i

CryptoFrontNews10h ago

Tether Posts $1.04B Q1 Profit, Excess Reserves Hit Record $8.23B

According to The Block, Tether published its Q1 2026 attestation on Friday, posting $1.04 billion in net profit and reaching record excess reserves of $8.23 billion as of March 31. The independent audit by BDO showed the stablecoin issuer's reserves remain heavily concentrated in short-duration, hig

GateNews14h ago

Anchorage Digital Submits Comment on GENIUS Act Stablecoin Regulatory Framework

According to ChainCatcher, Anchorage Digital submitted comments to the U.S. Office of the Comptroller of the Currency (OCC) on the GENIUS Act implementation, outlining its regulatory proposals for stablecoins. As the first federally chartered stablecoin issuer, Anchorage Digital currently issues sta

GateNews19h ago
Comment
0/400
Redditmenvip
· 39m ago
zayu coin🚀
Reply0
ybaservip
· 41m ago
2026 GOGOGO 👊
Reply0
GateUser-57ab9c02vip
· 1h ago
Q1 was so volatile that still making a profit, the leading stablecoin really has some strength.
View OriginalReply0
NeonStreetReflectionsvip
· 1h ago
Profit exceeds 1 billion, reserves hit a new high, how can other stablecoins catch up with USDT given its strong fundamentals?
View OriginalReply0
SeaSaltMarketMakingNotesvip
· 1h ago
High volatility quarters actually make money, Tether's arbitrage operations are really smooth.
View OriginalReply0
BribeCoffeevip
· 1h ago
823 million buffer pool, this safety cushion is thicker than my mattress.
View OriginalReply0
GasFeeGambitvip
· 1h ago
Tether earned 1 billion dollars this quarter, and its reserve buffer has grown to 8.2 billion, making it very stable in volatile markets.
View OriginalReply0