Tether posted a $1.04 billion profit in the first quarter and reached an $8.23 billion reserve buffer, according to the stablecoin issuer. The company noted that the crypto market experienced high volatility during the period.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Senators Press Lutnick, Tether Over Loan Tied to Cantor Stake Transfer to Trust
Senators escalated scrutiny of a reported Tether loan tied to Commerce Secretary Howard Lutnick’s family trust, raising conflict-of-interest and national security concerns. Warren and Wyden cited a New York credit filing involving “Dynasty Trust A.”
Key Takeaways:
Senators questioned a reported T
Coinpedia1h ago
Tether Reports $1.04B Q1 Profit, $8.23B Reserve Buffer
Tether, the stablecoin issuer, posted a first-quarter profit of $1.04 billion and reached a reserve buffer of $8.23 billion. The company noted that the crypto market was highly volatile during the first quarter.
CryptoFrontier6h ago
Senators Warren, Wyden Question Lutnick Over Tether Loan to Children's Trust
Senators Elizabeth Warren (D-MA) and Ron Wyden (D-OR) have written to Commerce Secretary Howard Lutnick and Tether CEO Paolo Ardoino requesting information about loans made by the stablecoin firm to a trust
CryptoFrontier13h ago
Tether Posts $1.04B Q1 2026 Profit as Reserve Buffer Hits Record $8.23B
According to an attestation report prepared by independent accounting firm BDO, Tether posted $1.04 billion in net profit during Q1 2026, with excess reserves reaching a record $8.23 billion as of March 31.
Tether's reserves remain heavily concentrated in short-duration, high-quality liquid instrum
GateNews13h ago
Tether Pushes XXI Merger Plan With Strike and Elektron
Tether plans mergers with Strike and Elektron to unify mining, financial services, and capital markets into one integrated entity.
Elektron adds 50 EH/s mining capacity while Strike contributes global Bitcoin services across 100+ countries and markets.
Proposal shifts Twenty-One Capital i
CryptoFrontNews15h ago
