Tether reports $1B Q1 profit, ranks 17th in U.S. Treasury holdings

USDT issuer Tether announced a net profit of approximately $1.04 billion in its financial report for the first quarter of 2026. Despite global market volatility, the company's total assets reached approximately $191.7 billion, while its reserves hit a record high of $8.2 billion. The company holds approximately $141 billion in U.S. Treasurys as part of its reserves, ranking it 17th globally among all holders of the government debt. Additionally, Tether strategically holds physical gold valued at $20 billion and Bitcoin worth $7 billion.