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Finance
Tether Reports $1.04 Billion Quarterly Profit and 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 record high of $8.23 billion in excess reserves. The company did not release comparative figures for the previous year or the last quarter but mentioned a net profit exceeding $10 billion for the entire year of 2025. The circulation of the dollar-pegg…
May 1, 2026, 4:23 p.m.
Finance
Tether Reports $1.04 Billion Quarterly Profit, Boosts Reserve to $8.23 Billion
None
May 1, 2026, 4:23 p.m.
Finance
Tether Announces $1.04 Billion Quarterly Profit, Bolsters 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 largest stablecoin 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 quarterly report highlights the stability of its dollar-pegged USDT in circulation, with total token-related liabilities of approximately $183 billion as of March 31. T…
May 1, 2026, 4:23 p.m.
Finance
Tether Reports $1.04 Billion Quarterly Profit, Boosts Reserve Fund to $8.23 Billion
Tether, the leading stablecoin issuer by market capitalization, announced a net profit of $1.04 billion for the first quarter, with its excess reserve funds reaching a record high of $8.23 billion. The company did not release comparable figures for the previous year or the fourth quarter, but it did report a net profit exceeding $10 billion for the entirety of 2025. As of March 31, the total valu…
May 1, 2026, 4:23 p.m.
Finance
Tether Announces $1.04 Billion Quarterly Profit and $8.23 Billion in Reserve Assets
Tether, the leading stablecoin issuer by market capitalization, has reported a first-quarter net profit of $1.04 billion, with its excess reserve assets reaching a record high of $8.23 billion. The company did not provide comparative figures for the previous year or the fourth quarter, but it did report a net profit exceeding $10 billion for the entirety of 2025. As of March 31, the total USDT in…
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 by market capitalization, has announced a net profit of $1.04 billion for the first quarter, alongside a significant increase in excess reserves to $8.23 billion. The company's quarterly report highlights the stability of its dollar-pegged USDT in circulation, with total token-related liabilities of approximately $183 billion as of March 31. Total assets stan…
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 leading stablecoin issuer by market capitalization, announced a net profit of $1.04 billion for the first quarter, alongside a significant increase in excess reserves to $8.23 billion. The company did not provide comparative figures for the previous year or the last quarter, but it did report a net profit exceeding $10 billion for the entirety of 2025. As of March 31, the circulation …
May 1, 2026, 4:23 p.m.
Finance
Tether Records $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 most valuable stablecoin, has announced 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's reserve buffer has seen substantial growth, rising from $6.3 billion at the end of 2025. This surge in reserves is attributed to the company's sustained profitability and a strategic f…
May 1, 2026, 4:23 p.m.