Crypto • 2026-05-01 12:23

Tether posts $1.04 bn Q1 profit, reserves rise to $8.23 bn

Fast facts

  • Category: Crypto
  • Language: EN
  • Published: 2026-05-01 12:23 UTC
  • Sources: CoinDesk

CoinDesk reports that Tether posted a Q1 profit of $1.04 billion and increased its reserve buffer to $8.23 billion, underscoring the stablecoin's financial robustness.

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