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Tether Q2 2026 profit and USDT adoption trends
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2026-08-04 13:32 UTC → 2026-08-24 06:12 UTC ·
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Tether Q2 2026 profit and USDT adoption trends
In late July 2026 2026, Tether Ltd. reported a net operating profit of about approximately $1.5 billion for the second quarter, driven by returns on U.S. Treasury securities and repurchase‑agreement repurchase-agreement investments. The company’s balance sheet showed total assets of $187.75 billion against liabilities of $183.64 billion, leaving an excess‑reserve excess-reserve cushion of $4.11 billion. USDT circulation grew to roughly $184.6 billion, giving the stablecoin securing a market‑share market share of more than 60 % over 60% of the global stablecoin ecosystem. The reserve buffer fell from about $8.2 billion at the end of Q1 to $4.11 billion, mainly because of unrealised primarily due to unrealized losses on gold holdings (about $2.8 billion) and Bitcoin holdings (about $0.9 billion). Physical gold reserves backing Despite these losses, Tether Gold (XAUt) increased 9.5 % its Bitcoin holdings to 707,747 fine troy ounces, approximately 98,933 BTC, valued at $3.3 roughly $5.8 billion, even as and grew its physical gold prices dropped 14.1 %. XAUt also received Shariah certification, potentially opening the product reserves to Islamic financial institutions. The over 146 tons. CEO Paolo Ardoino noted that USDT is seeing increased adoption in developing economies such as Venezuela, Argentina, Bolivia, and Turkey, where users seek to hedge against local currency depreciation and inflation. While the total value of distributed tokenised tokenized commodities fell 4.2 % 4.2% to $4.58 billion, while the number of holders for Tether Gold (XAUt) rose 6.5 % 6.5% to 253,000. An audit conducted by KPMG in mid-August reported that Tether’s global reserves exceed its total liabilities by $6.8 billion.
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- 2026-08-24 06:12 UTC Tether Q2 2026 profit and USDT adoption trends
- 2026-08-04 13:32 UTC Tether Q2 2026 profit
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