Tether reported a net profit of $1.04 billion for Q1 2026 and holds approximately $7 billion in BTC. Tether’s Q1 2026 financial results show the company achieved a net profit of approximately $1.04 billion, with its excess reserves rising to $8.23 billion, further strengthening the security of USDT reserves. As of March 31, Tether’s total assets amounted to approximately $191.77 billion, while total liabilities stood at approximately $183.54 billion, resulting in assets exceeding liabilities by about $8.23 billion. Of this, liabilities corresponding to issued digital tokens totaled approximately $183.44 billion. In terms of reserves, Tether continues to maintain a portfolio dominated by short-duration, highly liquid assets, directly and indirectly holding approximately $141 billion in U.S. Treasuries. The company also holds approximately $20 billion in physical gold and approximately $7 billion in Bitcoin. Tether CEO Paolo Ardoino stated that the company’s core objective is to ensure the stable operation of USDT under all market conditions without relying on external support.