Tether Posts Record Net Profit and Excess Reserve Buffer in Q1 2026 Report

Tether, the leading stablecoin issuer, has released its quarterly attestation report for the first quarter of 2026. The report reveals a net profit of over $1.04 billion, a significant achievement despite broader market volatility and unstable conditions.

The company's excess reserve buffer hit a record high of $8.23 billion, concentrated in short-duration liquid instruments such as U.S. Treasury bills. Tether's assets exceed its liabilities by more than $8.2 billion, with the entity's direct and indirect exposure to U.S. Treasury bills reaching $141 billion.

Tether's reserves also include precious metals, consisting entirely of $20 billion in physical gold and $7 billion in bitcoin. The company aims to maintain a balance between liquidity, resilience, and exposure to macro assets that perform under stressful conditions.