Tether's USDT Stablecoin Generates $1.3 Billion in Second Quarter Profits

Tether's USDT stablecoin continues to generate significant profits for its issuer. According to recent figures, Tether earned $1.3 billion in net operating profit during the second quarter of 2026.

This brings the company's total excess reserves to $5.2 billion, a substantial increase from previous quarters.

The majority of USDT's revenue comes from its investments in U.S. Treasury bonds, which continue to pay off due to high interest rates in the United States.

Tether's size and influence have not gone unnoticed by regulators, with the company facing increased scrutiny as it expands into international markets and dollar savings.