Tether Mints 1 Billion USDT Tokens, Boosts Treasury Reserves

Tether, a leading stablecoin issuer, has added 1 billion USDT tokens to its supply, bringing its total to nearly 189 billion. The minting of these new tokens took place on August 10 and is seen as a preparation for ongoing institutional demand. According to Tether's recent financial reports, the company had strong Q2 2026 results, including a net profit of $1.5 billion and excess reserves of over $4 billion.

The minting of new tokens increases Tether's treasury reserves, which are authorized but not yet issued to users. This move is seen as a cautious approach by the company to meet potential future demand from institutional investors. It remains to be seen how quickly these new tokens enter circulation and gauge market demand.