Tether Q1 2026 Report: $1.04B Profit and Record Reserves
Tether (USDT) released its audit report for the first quarter of 2026 on Friday and announced a net profit of $1.04 billion. This result strengthens the company‘s financial position while elevating its excess reserves to a record $8.23 billion. The report, prepared by the global independent accounting firm BDO, confirms Tether’s continued profitability, though it falls short of last years annual earnings exceeding $10 billion. The report provides a snapshot of reserves as of March 31 and does not constitute a full financial audit. The company has renewed market confidence with this data. Tether Q1 2026 Financial Results and Market Impact Tethers reserves are concentrated in short-term high-quality liquid instruments; as of March 31, with $141 billion exposure to US Treasury bonds, it entered the global top 20 holders and positioned itself alongside sovereign nations like Saudi Arabia and South Korea. The report also mentions limited asset classes like gold and bitcoin; these establish a conscious balance between liquidity and resilience. Total assets exceeded $191.7 billion, liabilities $183.5 billion; of which $183.4 billion corresponds to issued digital tokens.Excess Reserves: $8.23 billion (record level)US Treasury Bonds: $141 billion (global top 20)Circulating USDT: Stable throughout the quarter Special investments made through Tether Investments are completely