Tether Q1 Financial Report: Achieves $1.04 Billion Profit, Asset Reserves Reach All-Time High of $8.232 Billion

BlockBeats News, May 1st, Tether, the issuer of USDT, released its Q1 2026 report, Tether achieved strong profitability despite the highly volatile global market, with a net profit of approximately $1.04 billion as of March 31, 2026, total assets of around $191.768 billion, total liabilities of about $183.536 billion, and a digital token issuance-related liability of around $183.438 billion.

Tether's asset reserves reached a record high of $8.232 billion, a significant increase from the previous period. The overall circulation of USDT remained stable at a large-scale level, around $183 billion.

Tether's asset reserves are mainly composed of highly liquid and high-quality assets, including approximately: direct + indirect holdings of US Treasury bonds of about $141 billion, which remains a core position, making Tether the 17th largest holder of US Treasury bonds globally; physical gold of around $20 billion; and Bitcoin of about $7 billion, with continued BTC accumulation in Q1.