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Tether reports $1.04B profit in Q1 as Treasury holdings reach $141B
Cointelegraph
1 day ago
Bullish
The top stablecoin issuer’s balance sheet remains heavily concentrated in US Treasuries as stablecoin adoption expands across emerging markets.
Stablecoin issuer Tether (USDT) reported $1.04 billion in net profit for the first quarter of 2026, as its excess reserves rose to a record $8.23 billion, according to its latest attestation on Frida… [+2850 chars]
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