Tether Q1 2026 Profit Hits $1.04B, Treasury Holdings Surge

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Tether reported record excess reserves of $8.23 billion in Q1 2026, according to its latest attestation prepared by BDO. The company generated $1.04 billion in net profit despite volatile market conditions, while total USDT-related liabilities stood at $183 billion. Tether also held around $141 billion in direct and indirect U.S. Treasury exposure, making it the 17th largest holder globally. The report highlights strong reserve backing, supporting confidence in USDT’s stability and liquidity.