The main stablecoin issuer has launched its attestation report for the primary quarter of 2026, revealing a web revenue of greater than $1 billion. The corporate was in a position to generate such revenue regardless of broader volatility and unstable market situations. This growth comes as stablecoins evolve into main greenback infrastructure globally, particularly in markets with restricted entry to USD banking methods.
In keeping with 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 web revenue above $1.04 billion, Tether’s extra reserve buffer hit a file $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 embrace valuable metals, consisting totally of $20 billion in bodily gold and $7 billion in bitcoin. The objective is to take care of a stability between liquidity, resilience, and publicity to macro belongings that carry out below disturbing situations.
“Our duty is to ensure USD₮ works with out compromise. Which means constructing a system that behaves the identical manner in any market situation, not simply when issues are secure. The main target is on holding the construction easy, liquid, and resilient by design, so it doesn’t depend upon favorable environments or exterior help,” Tether’s CEO, Paolo Ardoino, mentioned.
USDT Grows by $5B
General, Tether had over $191.7 billion in belongings and $183.5 billion in liabilities as of March 31, 2026. The entity’s belongings exceed its liabilities by greater than $8.2 billion.
Noteworthily, Tether’s proprietary investments are usually not included in its USDT reserves. They’re absolutely 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.
“Folks shouldn’t need to query whether or not the system works; it simply has to work,” Ardoino added.
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