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Finance
Tether Reports $1.04 Billion Q1 Profit with $8.23 Billion in Reserve Assets
Tether, the entity behind the most valuable stablecoin, has announced a net profit of $1.04 billion for the first quarter, accompanied by a record $8.23 billion in excess reserve assets. The company's latest financial report did not include comparative figures for the previous year or the fourth quarter, but it did mention a net profit exceeding $10 billion for the entirety of 2025. As of March 3…
May 1, 2026, 4:23 p.m.
Finance
Tether Reports $1.04 Billion Quarterly Profit with Reserve Buffer Reaching $8.23 Billion
None
May 1, 2026, 4:23 p.m.
Finance
Tether Reports $1.04 Billion Profit in Q1, Boosts Reserve to $8.23 Billion
None
May 1, 2026, 4:23 p.m.
Finance
Tether Reports $1.04 Billion Quarterly Profit, Boosts Reserve Buffer to $8.23 Billion
Tether, the leading stablecoin issuer by market capitalization, has announced a net profit of $1.04 billion for the first quarter, accompanied by a substantial increase in excess reserves to $8.23 billion. The company's total assets stand at nearly $192 billion, with token-related liabilities of approximately $183 billion as of March 31. This financial update comes at a time when stablecoins are …
May 1, 2026, 4:23 p.m.
Finance
Tether Reports $1.04 Billion Quarterly Profit and Boosts Reserve Buffer to $8.23 Billion
Tether, the entity behind the most valuable stablecoin, disclosed a net profit of $1.04 billion for the first quarter, accompanied by a significant increase in its reserve buffer to $8.23 billion. The company opted not to release comparative figures from the previous year or the preceding quarter, although it did announce a net profit exceeding $10 billion for the entirety of 2025. As of March 31…
May 1, 2026, 4:23 p.m.
Finance
Tether Reports $1.04 Billion Quarterly Profit with $8.23 Billion in Reserves
Tether, the entity behind the most valuable stablecoin, has announced a net profit of $1.04 billion for the first quarter, alongside a record reserve buffer of $8.23 billion. The company's quarterly report did not include comparative figures from the previous year or the last quarter, though it did mention a net profit exceeding $10 billion for the entirety of 2025. As of March 31, the total USDT…
May 1, 2026, 4:23 p.m.
Finance
Tether Announces $1.04 Billion Quarterly Profit, Boosts Reserve to $8.23 Billion
None
May 1, 2026, 4:23 p.m.
Finance
Tether Reports $1.04 Billion Quarterly Profit, Boosts Reserve Buffer to $8.23 Billion
Tether, the entity behind the world's largest stablecoin by market capitalization, has announced a first-quarter net profit of $1.04 billion, accompanied by a substantial increase in excess reserves to $8.23 billion. The company's financial report highlights the stablecoin's resilience, with the total value of USDT in circulation remaining steady and total token-related liabilities amounting to a…
May 1, 2026, 4:23 p.m.
Finance
Tether Reports $1.04 Billion Quarterly Profit with $8.23 Billion in Reserve Assets
Tether, the leading stablecoin issuer, has announced a net profit of $1.04 billion for the first quarter, along with a record $8.23 billion in excess reserves. The company did not disclose year-over-year or quarter-over-quarter comparisons but reported a net profit exceeding $10 billion for the entirety of 2025. As of March 31, the total USDT in circulation remained steady, with token-related lia…
May 1, 2026, 4:23 p.m.
Finance
Tether Reports $1.04 Billion Quarterly Profit with Reserve Buffer Reaching $8.23 Billion
Tether, the entity behind the most valuable stablecoin, has announced a first-quarter net profit of $1.04 billion, alongside a significant increase in its reserve buffer to $8.23 billion. Notably, the company did not disclose comparative figures from the previous year or the last quarter, although it did report a net profit exceeding $10 billion for the entirety of 2025. The circulation of the US…
May 1, 2026, 4:23 p.m.