Tether posted roughly $1.5 billion in internet working revenue in the course of the second quarter of 2026, supported primarily by returns from its US Treasury portfolio and repo operations, in response to the corporate’s BDO attestation launched on Friday.
In Q2, USDT provide rose to roughly $184.6 billion by the tip of June, extending its share of the worldwide stablecoin market to over 60%.
The corporate reported complete property of $187.7 billion and complete liabilities of $183.6 billion, leading to extra reserves of roughly $4.1 billion. Tether mentioned its reserve portfolio stays concentrated in high-quality liquid property, with US government-backed securities persevering with to type the core of its holdings.
In the course of the quarter, Tether minimize secured lending by about $2.4 billion and expanded its bodily gold reserves by 14 tons to greater than 146 tons. The corporate mentioned its reserve portfolio withstood sharp market swings in each gold and Bitcoin, ending the quarter with roughly $5.8 billion price of Bitcoin.
As well as, Tether disclosed including greater than 30 million customers globally in the course of the quarter whereas persevering with work on its Huge 4 audit and increasing its know-how and monetary infrastructure ecosystem.
It is a growing story.
