💵 Tether expands reserves as USDT maintains its backing position Tether reported $1.5 billion in operating net profit during the second quarter of 2026, alongside a significant increase in its reserve buffer, which reached $4.11 billion. According to the reserve report dated June 30, 2026, excess reserves totaled exactly $4,109,529,195, strengthening the company’s ability to absorb potential market volatility and maintain USDT’s stability. The company also increased its physical gold holdings to more than 146 tons, continuing its strategy of diversifying reserve assets beyond traditional instruments. The results come amid growing market scrutiny over stablecoin reserves and transparency. For Tether, higher operating profits and a larger reserve cushion are aimed at reinforcing confidence in the largest stablecoin by market capitalization. The quarterly performance highlights how stablecoin issuers are evolving from liquidity-focused models toward broader financial structures built around stronger reserves, asset diversification and active treasury management.