Tether Releases Q1 Financial Report: Quarterly Profit of $1.04 Billion, Excess Reserves Hit a New All-Time High of $8.23 Billion

Odaily Planet Daily reported that Tether has released its assurance report for the first quarter of 2026, with a net profit of approximately $1.04 billion for the quarter.

As of March 31, 2026, Tether's excess reserves reached an all-time high of $8.23 billion. The company's total assets currently stand at approximately $191.8 billion, with total liabilities of around $183.5 billion, resulting in assets exceeding liabilities by $8.23 billion. In terms of reserve allocation, Tether directly and indirectly holds approximately $141 billion in U.S. Treasury bonds, in addition to about $20 billion in physical gold and $7 billion in Bitcoin.

Tether CEO Paolo Ardoino stated that the company's goal is to ensure the stable operation of USD₮ under all market conditions by maintaining a simple structure and extremely high liquidity to navigate macroeconomic fluctuations.