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Tether Posts $1.04B Q1 Profit and Says First Full Audit Began
Tether reported about $1.04 billion in Q1 2026 profit and said its first full audit began during the quarter. The USDT issuer said its reserve buffer rose to a record $8.23 billion and that it held about $141 billion in U.S. Treasuries. The quarter’s figures were not yet fully audited, and the attestation came from an Italian service that relies on company attestations.