Tether posts $1.04B profit and record $8.23B reserve buffer in Q1 2026
Tether posted $1.04 billion in Q1 2026 net profit and a record Tether profit reserve buffer of $8.23 billion, backed primarily by $141 billion in...
Tag : Tether
Tether reports $1.04B profit in Q1 as Treasury holdings reach $141B
Stablecoin issuer Tether (USDT) reported $1.04 billion in net profit for the first quarter of 2026, as its excess reserves rose to a record $8.23...
Senators Warren, Wyden Quiz Commerce Secretary Lutnick Over Tether Loan to Children’s Trust
Senators Elizabeth Warren (D-MA) and Ron Wyden (D-OR) have written to Commerce Secretary Howard Lutnick and Tether CEO Paolo Ardoino, requesting information about loans made...
Tether Reports Billion-Dollar Q1 Profit Amid Crypto Slump—And Says Audit Has Begun
In brief Tether reported $1.04 billion in Q1 2026 profit. The USDT issuer said it has also grown its reserve buffer to a record $8.23...
Tether reports $1.04B Q1 profit as reserves climb to $191.8b
Tether posts $1.04B Q1 profit on a $191.8B reserve stack, leaning on US Treasuries while expanding into gold and bitcoin as stablecoin scrutiny rises. Summary...
Twenty One Capital jumps as Tether backs Strike merger plan
Twenty One Capital shares rose after hours after Tether backed a proposed merger with Strike and Elektron Energy. Summary Twenty One Capital shares gained after...
Tether Stakeholder Gave Farage Undisclosed $6.7M Gift Amid Reform UK Crypto Funding Scrutiny
In brief Christopher Harborne, who holds a 12% stake in Tether, gave Nigel Farage an undisclosed £5 million personal gift in 2024. The payment was...
Tether launches Bitcoin faucet inside self-custody wallet using Lightning payouts
Tether has introduced a Bitcoin faucet inside its self-custody wallet, offering small BTC payouts through the Lightning Network to bring new users into its ecosystem....
Canaan, Tether deepen partnership on immersion-cooled mining systems
Canaan (CAN) has secured an additional order from Tether for custom Bitcoin mining hardware, extending their collaboration beyond an earlier research and development effort that...
Stablecoin Giant Tether Reveals Plans for Modular Bitcoin Mining Hardware
In brief Tether unveiled plans for modular Bitcoin mining systems that separate compute from power and cooling infrastructure. The company partnered with Nasdaq-listed Canaan Inc....