Close Menu
    Trending
    • HyperFund Promoter Pleads Guilty In $1.8B Crypto Fraud Cas
    • 79% Of Bitcoin Supply Locked By Long-Term Holders: Analyst
    • Andrew Tate Liquidated 8 Times in 16 Hours, Arthur Hayes Buys More ETH: Quick Bits
    • Binance Targets EU Regulatory License As MiCA Deadline Puts Exchanges Under Pressure
    • Oman Launches Mandatory National Bitcoin Mining Pool In State-Backed Push For Regulatory Control
    • Michael Saylor Calls Bitcoin the Base Layer for a New Digital Capital Stack
    • Ready USDC Card Halts Non-EEA Service Following Card Issuer Transition
    • Mexican Billionaire Ricardo Salinas Bets 70% Of His Portfolio On Bitcoin, Eyes $1 Million Price
    CryptoGate
    • Home
    • Bitcoin News
    • Cryptocurrency
    • Crypto Market Trends
    • Altcoins
    • Ethereum
    • Blockchain
    • en
      • en
      • fr
      • de
      • it
      • ja
    CryptoGate
    Home»Cryptocurrency»Tether Records $1B Net Profit in Q1 Attestation Report
    Cryptocurrency

    Tether Records $1B Net Profit in Q1 Attestation Report

    CryptoGateBy CryptoGateMay 3, 2026No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Whereas producing a web revenue above $1.04 billion, Tether’s extra reserve buffer hit a document $8.23 billion, concentrated in short-duration liquid devices.

    The main stablecoin issuer has launched its attestation report for the primary quarter of 2026, revealing a web revenue of greater than $1 billion. The corporate was in a position to generate such revenue regardless of broader volatility and unstable market circumstances. This growth comes as stablecoins evolve into main greenback infrastructure globally, particularly in markets with restricted entry to USD banking programs.

    In line with a press launch, the main impartial accounting agency, BDO, ready the attestation, confirming the accuracy of Tether’s monetary figures and reserves report.

    Tether Releases Q1 2026 Attestation Report

    Whereas producing a web revenue above $1.04 billion, Tether’s extra reserve buffer hit a document $8.23 billion. The reserve base is concentrated in short-duration, high-quality liquid devices. By March 31, the agency’s direct and oblique publicity to U.S. Treasury payments had reached $141 billion, making Tether the Seventeenth-largest holder of U.S. Treasuries globally. Tether says short-dated sovereign publicity stays central to its reserve technique.

    Along with the Treasury payments, Tether’s reserves embrace treasured metals, consisting fully of $20 billion in bodily gold and $7 billion in bitcoin. The purpose is to take care of a stability between liquidity, resilience, and publicity to macro property that carry out below tense circumstances.

    “Our accountability is to ensure USD₮ works with out compromise. Meaning constructing a system that behaves the identical method in any market situation, not simply when issues are secure. The main target is on protecting the construction easy, liquid, and resilient by design, so it doesn’t rely on favorable environments or exterior help,” Tether’s CEO, Paolo Ardoino, stated.

    USDT Grows by $5B

    Total, Tether had over $191.7 billion in property and $183.5 billion in liabilities as of March 31, 2026. The entity’s property exceed its liabilities by greater than $8.2 billion.

    Noteworthily, Tether’s proprietary investments aren’t included in its USDT reserves. They’re totally segregated and funded from the agency’s extra capital and earnings. The corporate claims the investments don’t have an effect on the standard, liquidity, or transparency of USDT reserves.

    USDT in circulation has grown considerably, expanding by $5 billion within the second quarter of the 12 months. The stablecoin’s market cap hovered above $189 billion on the time of writing.

    You might also like:

    “Folks mustn’t must query whether or not the system works; it simply has to work,” Ardoino added.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    CryptoGate
    • Website
    • Pinterest

    Related Posts

    Andrew Tate Liquidated 8 Times in 16 Hours, Arthur Hayes Buys More ETH: Quick Bits

    June 18, 2026

    Michael Saylor Calls Bitcoin the Base Layer for a New Digital Capital Stack

    June 18, 2026

    ZKsync Creator Announces Layoffs as It Pivots to Permissioned Privacy Chain

    June 18, 2026

    Illinois Passed the Most Anti-Crypto Law in the US: Miles Jennings

    June 17, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    5 Reasons Corporations Should Sell Bitcoin

    May 21, 2026

    Analyst Predicts Ethereum Price Will Crash To $3,000 – But There’s Good News

    October 27, 2025

    Ethereum Founder Donates 256 ETH To Two Privacy Messengers

    November 28, 2025

    Avalanche’s AVAX Soars as $1 Billion Treasury Deals Emerge — $50 Price Next?

    September 13, 2025

    How High Can Pi Network’s (PI) Price Go in December? 2 AIs Speculate With Big Numbers

    November 30, 2025
    Categories
    • Altcoins
    • Bitcoin News
    • Blockchain
    • Crypto Market Trends
    • Crypto Mining
    • Cryptocurrency
    • Ethereum
    About us

    Welcome to cryptogate.info — your trusted gateway to the latest and most reliable news in the world of cryptocurrency. Whether you’re a seasoned trader, a blockchain enthusiast, or just curious about the future of digital finance, we’re here to keep you informed and ahead of the curve.

    At cryptogate.info, we are passionate about delivering timely, accurate, and insightful updates on everything crypto — from market trends, new coin launches, and regulatory developments to expert analysis and educational content. Our mission is to empower you with knowledge that helps you navigate the fast-paced and ever-evolving crypto landscape with confidence.

    Top Insights

    Bitcoin Price Pumps 7% To $70,000 In Early Trading

    March 3, 2026

    Bitcoin Derivatives Signal Bull Shift After 178-Hour Bear Run

    March 16, 2026

    BTC Sub-$90K Flashes XRP, ADA & ETH Buyer Clusters

    November 19, 2025
    Categories
    • Altcoins
    • Bitcoin News
    • Blockchain
    • Crypto Market Trends
    • Crypto Mining
    • Cryptocurrency
    • Ethereum
    YouTube
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • Impressum
    • About us
    • Contact us
    Copyright © 2025 CryptoGate All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.