Tether Reports $1.04B Q1 Profit, Holds $141B in U.S. Treasurys

Tether reported about $1.04 billion in net profit for the first quarter of 2026 and said total assets reached about $191.7 billion. The USDT issuer said reserves rose to a record $8.2 billion. Tether said it held about $141 billion in U.S. Treasurys, which ranked it 17th globally among holders of the debt. Tether also said it held $20 billion in physical gold and $7 billion in Bitcoin.

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