Tether Q2 Profit Hits $1.5 Billion on Strong US Treasury Holdings

Tether's second-quarter profit reached $1.5 billion, largely driven by returns from US Treasury holdings and repo operations.

The stablecoin issuer reported a net operating profit of approximately $1.5 billion during Q2 2026.

Tether's total assets stood at around $187.7 billion, while its liabilities totaled $183.6 billion, leaving the company with roughly $4.1 billion in excess reserves.

The circulating supply of USDT reached approximately $184.6 billion by the end of June, representing over 60% of the global stablecoin market.