Tether Worldwide, S.A. de C.V. has revealed its attestation for the primary quarter of 2026, outlining the composition of reserves backing its USD₮ stablecoin.
Tether simply launched its quarterly attestation for Q1 2026.
Tether had a terrific begin of the yr, with greater than 1B in internet income, regardless of extremely unstable world markets.
USDT person base grew all through the primary quarter of 2026, reaching the brand new all-time-high of 570M, boosted… https://t.co/jtCS6Kb0vW
— Paolo Ardoino 🤖 (@paoloardoino) Could 1, 2026
The report, ready by BDO, confirms the corporate’s monetary figures as of March thirty first, 2026.
Tether reported roughly $1.04 billion in internet revenue for the quarter, achieved throughout a interval of elevated world market volatility.
The corporate’s extra reserves rose to $8.23 billion, reflecting amassed earnings and a continued concentrate on liquid belongings.
Complete belongings have been reported at $191.77 billion, in comparison with $183.54 billion in liabilities, the vast majority of that are tied to issued digital tokens.
This leads to a surplus of $8.23 billion backing the circulating provide of USD₮, which remained broadly steady at scale in the course of the interval.
The corporate’s reserves are primarily allotted to short-term, high-quality liquid devices.
Publicity to U.S. Treasury payments totaled roughly $141 billion, representing the biggest share of holdings.
Tether said that this allocation helps liquidity administration throughout various market circumstances and positions the agency among the many bigger world holders of U.S. authorities debt.
Further reserve belongings embrace roughly $20 billion in bodily gold and about $7 billion in Bitcoin.
These allocations symbolize a smaller portion of complete reserves and are supposed to diversify publicity past sovereign debt devices.
Tether famous that proprietary investments held by means of its funding arm are excluded from the reserves backing USD₮.
These investments are funded individually from extra capital and don’t have an effect on the belongings supporting issued tokens.
“Our accountability is to ensure USD₮ works with out compromise,” mentioned Tether CEO Paolo Ardoino.
“Which means constructing a system that behaves the identical method in any market situation, not simply when issues are steady. The main focus is on maintaining the construction easy, liquid, and resilient by design, so it doesn’t depend upon favorable environments or exterior assist. Individuals mustn’t must query whether or not the system works; it simply has to work. As of April, USD₮ continues to commerce at or close to all-time highs in circulation, with a rise of greater than 5 billion USD₮, reflecting sustained demand into the second quarter, bolstered additionally by the discharge of the Tether Pockets, The Individuals’s Pockets, a self-custody software constructed for the tons of of thousands and thousands of individuals on the earth that use USD₮ day by day as their lifeline.”
The corporate additionally indicated that its formal audit course of has begun. The attestation offers a snapshot of reserve composition and monetary place as demand for dollar-denominated digital belongings continues throughout world markets.
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