Tether Crushes Q2 2026 Earnings, Expands Market Share Amid Stablecoin Slowdown
Tether's Q2 2026 financial report shows the company raked in $1.5 billion in net operating profit, a significant increase from previous quarters.
The stablecoin issuer expanded its reserve surplus to $4.11 billion and held $187.75 billion in assets versus $183.64 billion in liabilities as of June 30.
Tether's USDT circulation rose to approximately $184.6 billion, a growth of about $446 million from the previous quarter.
The company's market share surged above 60%, with user growth topping 30 million and physical gold holdings exceeding 146 tons.