Tether Achieves $1.04 Billion Quarterly Profit, Boosts Reserve Buffer to $8.23 Billion
Tether, the leading stablecoin issuer, has announced a net profit of $1.04 billion for the first quarter, accompanied by a record increase in excess reserves to $8.23 billion. Although year-over-year and fourth-quarter figures were not provided, the company reported a net profit exceeding $10 billion for the entirety of 2025. The circulation of the USDT stablecoin remained steady, with total toke…