{"id":89153,"date":"2026-05-03T19:03:13","date_gmt":"2026-05-03T19:03:13","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=89153"},"modified":"2026-05-03T19:03:13","modified_gmt":"2026-05-03T19:03:13","slug":"tether-records-1b-net-profit-in-q1-attestation-report","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=89153","title":{"rendered":"Tether Records $1B Net Profit in Q1 Attestation Report"},"content":{"rendered":"
\n

The leading stablecoin issuer has released its attestation report for the first quarter of 2026, revealing a net profit of more than $1 billion. The company was able to generate such profit despite broader volatility and unstable market conditions. This development comes as stablecoins evolve into major dollar infrastructure globally, especially in markets with limited access to USD banking systems.<\/p>\n

According to a press release, the leading independent accounting firm, BDO, prepared the attestation, confirming<\/a> the accuracy of Tether\u2019s financial figures and reserves report.<\/p>\n

Tether Releases Q1 2026 Attestation Report<\/h2>\n

While generating a net profit above $1.04 billion, Tether\u2019s excess reserve buffer hit a record $8.23 billion. The reserve base is concentrated in short-duration, high-quality liquid instruments. By March 31, the firm\u2019s direct and indirect exposure to U.S. Treasury bills had reached $141 billion, making Tether the 17th-largest holder of U.S. Treasuries globally. Tether says short-dated sovereign exposure remains central to its reserve strategy.<\/p>\n

In addition to the Treasury bills, Tether\u2019s reserves include precious metals, consisting entirely of $20 billion in physical gold and $7 billion in bitcoin. The goal is to maintain a balance between liquidity, resilience, and exposure to macro assets that perform under stressful conditions.<\/p>\n

\n

\u201cOur responsibility is to make sure USD\u20ae works without compromise. That means building a system that behaves the same way in any market condition, not just when things are stable. The focus is on keeping the structure simple, liquid, and resilient by design, so it does not depend on favorable environments or external support,\u201d Tether\u2019s CEO, Paolo Ardoino, said.<\/p>\n<\/blockquote>\n

USDT Grows by $5B<\/h2>\n

Overall, Tether had over $191.7 billion in assets and $183.5 billion in liabilities as of March 31, 2026. The entity\u2019s assets exceed its liabilities by more than $8.2 billion.<\/p>\n

Noteworthily, Tether\u2019s proprietary investments are not included in its USDT reserves. They are fully segregated and funded from the firm\u2019s excess capital and profits. The company claims the investments do not affect the quality, liquidity, or transparency of USDT reserves.<\/p>\n

USDT in circulation has grown significantly, expanding<\/a> by $5 billion in the second quarter of the year. The stablecoin\u2019s market cap hovered above $189 billion at the time of writing.<\/p>\n

\n

\u201cPeople should not have to question whether the system works; it just has to work,\u201d Ardoino added.<\/p>\n<\/blockquote>\n

The post Tether Records $1B Net Profit in Q1 Attestation Report<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The leading stablecoin issuer has released its attestation report for the first quarter of 2026, revealing a net profit of more than $1 billion. The company was able to generate such profit despite broader volatility and unstable market conditions. This development comes as stablecoins evolve into major dollar infrastructure globally, especially in markets with limited […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-89153","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/89153","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=89153"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/89153\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=89153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=89153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=89153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}