Tether Posts $1.04 Billion Q1 Profit, Hits $8.23 Billion Reserve Cushion
Tether, issuer of the largest stablecoin by market capitalization, said first-quarter net profit was $1.04 billion and excess reserves reached a record $8.23 billion. The company did not provide figures for the prior year or the fourth quarter. It reported net profit of more than $10 billion for all of 2025. The amount of USDT […]
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