Gold features prominently as Tether reports $1.04B Q1 2026 net profit

Tether reported about $1.04 billion in net profit for Q1 2026, with its gold reserves becoming one of the biggest parts of its balance sheet story. The company published its first-quarter attestation, covering the assets backing USD₮ as of March 31, 2026, and showed that the company’s excess reserves reached a record $8.23 billion. Tether […]