Tether Q1 2026 Report: Net profit reaches $1.04 billion, becoming the 17th largest holder of U.S. Treasury bonds

CryptoWorld News reports that, according to U.Today, Tether, the world’s largest stablecoin issuer, has just released its Q1 2026 report, showing a strong start: net profit in the first quarter reached $1.04 billion. Despite pressures in global financial markets, the company still achieved this massive gain. The report shows that as of March 31, Tether’s excess reserves have jumped to a historical high of $823 million. Most of the reserves are held in short-term high-quality liquid instruments, and its direct and indirect holdings of U.S. Treasury bonds are about $141 billion, making it the 17th largest holder of U.S. Treasuries worldwide. Tether’s total assets are approximately $191.8 billion, exceeding its $183.5 billion in liabilities, which are mainly related to the issued USDT tokens. Tether also reported the continued global use of its stablecoins, with the circulating supply remaining at scale. In the report, the company disclosed that it has continued to diversify its reserves between digital assets and physical assets, particularly holding about $20 billion worth of physical gold and about $7 billion worth of Bitcoin.