The main stablecoin issuer has launched its attestation report for the primary quarter of 2026, revealing a internet revenue of greater than $1 billion. The corporate was capable of generate such revenue regardless of broader volatility and unstable market circumstances. This improvement comes as stablecoins evolve into main greenback infrastructure globally, particularly in markets with restricted entry to USD banking techniques.
In response to a press launch, the main unbiased accounting agency, BDO, ready the attestation, confirming the accuracy of Tether’s monetary figures and reserves report.
Tether Releases Q1 2026 Attestation Report
Whereas producing a internet revenue above $1.04 billion, Tether’s extra reserve buffer hit a report $8.23 billion. The reserve base is concentrated in short-duration, high-quality liquid devices. By March 31, the agency’s direct and oblique publicity to U.S. Treasury payments had reached $141 billion, making Tether the Seventeenth-largest holder of U.S. Treasuries globally. Tether says short-dated sovereign publicity stays central to its reserve technique.
Along with the Treasury payments, Tether’s reserves embody valuable metals, consisting solely of $20 billion in bodily gold and $7 billion in bitcoin. The purpose is to take care of a steadiness between liquidity, resilience, and publicity to macro property that carry out underneath irritating circumstances.
“Our duty is to verify USD₮ works with out compromise. Meaning constructing a system that behaves the identical method in any market situation, not simply when issues are secure. The main focus is on protecting the construction easy, liquid, and resilient by design, so it doesn’t rely upon favorable environments or exterior assist,” Tether’s CEO, Paolo Ardoino, mentioned.
USDT Grows by $5B
General, Tether had over $191.7 billion in property and $183.5 billion in liabilities as of March 31, 2026. The entity’s property exceed its liabilities by greater than $8.2 billion.
Noteworthily, Tether’s proprietary investments are usually not included in its USDT reserves. They’re totally segregated and funded from the agency’s extra capital and earnings. The corporate claims the investments don’t have an effect on the standard, liquidity, or transparency of USDT reserves.
USDT in circulation has grown considerably, increasing by $5 billion within the second quarter of the 12 months. The stablecoin’s market cap hovered above $189 billion on the time of writing.
“Individuals mustn’t should query whether or not the system works; it simply has to work,” Ardoino added.
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