Tether Q2 Net Income Hits $1.5B as Reserves Exceed Liabilities by $4.1B

Tether reports $1.5B Q2 net income and $4.1B reserve surplus. USDT supply hits $184.6B, gold holdings rise to 146 tons, and user base expands by 30M.

Woofun AI data shows that Tether’s Q2 2026 financial report indicates a net operating profit of approximately $1.5 billion, derived primarily from U.S. Treasury bonds and repurchase activities. As of June 30, total assets stood at $187.751 billion against liabilities of $183.642 billion, creating a surplus of roughly $4.1 billion. The USDT circulation supply expanded by $4.46 billion to reach $184.6 billion, securing a market share exceeding 60%.

During the quarter, guaranteed loan exposure decreased by 15% or $2.38 billion, while physical gold acquisitions of 14 tons brought total holdings above 146 tons. CEO Paolo Ardoino confirmed that USDT remains fully backed despite volatility in Bitcoin and gold markets. The global user base grew by over 30 million, and the company continues its audit process with four major accounting firms.