X @Wu Blockchain
Wu Blockchain·2026-05-01 12:24
Tether Q1 Profit Hits $1.04B, Reserve Buffer Reaches Record $8.23BTether reported approximately $1.04 billion in net profit for Q1 2026, with excess reserves rising to a record $8.23 billion, according to its latest attestation. As of March 31, total assets stood at about $191.8 billion against liabilities of $183.5 billion. Reserves remain heavily allocated to U.S. Treasuries (~$141 billion), alongside ~$20 billion in gold and ~$7 billion in Bitcoin. https://t.co/RediHrWEYn ...