- Tether recorded a net profit of over $1 billion for Q1 2026.
- The company’s reserve buffer reached an all-time high of $8.2 billion.
- Investments in U.S. government bonds reached $141 billion.
Tether, the largest stablecoin issuer in the world, has released its audited financial report for the first quarter of 2026. According to the document prepared by the international auditing firm BDO, the net profit for this period amounted to $1.04 billion. The report reflects the state of Tether’s reserves at the end of March this year.
This is reported by Finway
“According to the report, the company’s excess reserves increased to a record $8.23 billion. This figure is formed from the company’s profits and serves as an additional buffer beyond the obligations for issued tokens.”
Tether Investments: A Focus on Liquidity and U.S. Government Bonds
The majority of the company’s reserves are held in short-term liquid financial instruments. As of the end of March 2026, the volume of investments in U.S. Treasury bonds reached $141 billion, making Tether one of the leading holders of these assets in the world.
In addition to government bonds, the reserve structure also includes gold worth approximately $20 billion and bitcoins valued at around $7 billion. The company emphasizes that this diversification allows it to maintain a balance between liquidity and stability, especially amid a volatile market situation.
Financial Indicators and Stability of USDT
Tether’s total assets at the end of the first quarter exceeded $191.7 billion, while the company’s liabilities amounted to about $183.5 billion, the majority of which are issued stablecoins. The excess coverage stands at over $8 billion, providing additional financial stability.
Tether’s CEO Paolo Ardoino emphasized that the company continues to prioritize the stability of the USDT stablecoin regardless of market fluctuations. According to him, the demand for USDT remains significant, with the supply volume increasing by more than 5 billion tokens in April alone.
It was previously announced that Tether would support the large-scale merger of companies Strike, Elektron, and Twenty One Capital.