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In brief Tether reported $1.04 billion in Q1 2026 profit. The USDT issuer said it has also grown its reserve buffer to a record $8.23 billion. The company claims it holds $141 billion in U.S. Treasuries, though these figures have not yet been fully audited. Tether reported more than $1 billion in profit for the first quarter of 2026, against a backdrop of broader crypto market volatility, the company announced Friday.The world’s top stablecoin issuer said net profit reached approximately $1.04 billion for the quarter. The company also reported that its buffer between the total value of its stablecoins in…

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