Crypto
Tether's $1.5B Profit Sparks Stablecoin Market Growth
Tether's Q2 2026 financial report revealed a net operating profit of $1.5 billion, driven by returns from US Treasury holdings and repo operations.
The company holds $187.7 billion in assets, including $4.1 billion in excess reserves, and controls over 60% of the stablecoin market with a USDT supply of $184.6 billion.
Tether reduced secured loans by $2.4 billion and increased its gold holdings by 14 tons, now totaling over 146 tons.