Tether released its Q1 financial report: quarterly profit of $1.04 billion, and excess reserves of $8.23 billion, continuing to set a new record high.

Tether released its Q1 2026 audit report, showing net income of approximately $1.04 billion. As of March 31, 2026, Tether's excess reserves reached a record high of $8.23 billion. The company's total assets are currently approximately $191.8 billion, and total liabilities are approximately $183.5 billion, resulting in assets exceeding liabilities by $8.23 billion. Regarding reserve allocation, Tether directly and indirectly holds approximately $141 billion in U.S. Treasury securities, in addition to approximately $20 billion in physical gold and $7 billion in Bitcoin. Tether CEO Paolo Ardoino stated that the company's goal is to ensure the stability of USD₮ under all market conditions by maintaining a simple structure and extremely high liquidity to cope with macroeconomic fluctuations.