Tether Posts $1.04 Billion Q1 Profit
Profit milestone: Tether generated $1.04 billion in net profit for Q1 2026 ending March 31.
Reserve record: Excess reserves climbed to $8.23 billion, an all-time high.
Asset breakdown: Total assets reached approximately $192 billion against $183.5 billion in liabilities, primarily from ~183 billion USDT in circulation.
Key holdings: Reserves include $141 billion in U.S. Treasuries, $20 billion in physical gold, and $7 billion in...
