Tether held approximately $7 billion worth of Bitcoin and about $20 billion in physical gold in the first quarter, with a net profit of $1.04 billion.

ME News Report, May 1st (UTC+8), Tether released its Q1 2026 performance report showing that the company achieved a net profit of approximately $1.04 billion in a highly volatile global market environment. Excess Reserves increased to $8.23 billion, further strengthening the reserve safety of USDT. As of March 31, 2026, Tether’s total assets were approximately $191.77 billion, with total liabilities around $183.54 billion, of which about $183.44 billion corresponded to issued digital tokens, with assets exceeding liabilities by $8.23 billion. During the same period, the circulation of USDT remained stable, with total token-related liabilities around $183 billion. Regarding reserve structure, Tether continues to focus on short-term, highly liquid assets, directly and indirectly holding about $141 billion in U.S. Treasuries, making it the 17th largest holder of U.S. debt globally. In addition, its reserves include approximately $20 billion in physical gold and about $7 billion in Bitcoin holdings. Paolo Ardoino stated that Tether’s core goal is to ensure USDT remains stable in any market environment without relying on external support. As of April, USDT’s circulation continued to approach record highs, with an increase of over $5 billion compared to previous levels, reflecting the ongoing global demand for digital dollars. (Source: PANews)