Tether posted a profit of more than $1 billion in Q1
According to the firm's BDO-verified Q1 2026 report, Tether posted more than $1 billion in Q1 2026 profits despite volatile markets, with excess reserves rising to about $8.2 billion.
BDO's verification confirmed assets of approximately $192 billion and liabilities of approximately $184 billion.
U.S. Treasuries hold about $141 billion in stocks, about $20 billion in gold and about $7 billion in bitcoin, making up a liquid-heavy portfolio. The company is one of the largest holders of US government debt globally.
USDT liabilities remain at around $183 billion, while surplus capital and investments are fully segregated from reserve assets. Tether emphasizes profitability, resilience to volatility and continued global demand for the digital dollar.
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Disclosure: This article was edited by Vivian Nguyen. See our Editorial Policy for more information on how we create and review content.
