Tether (USDT) Publishes Anticipated Financial Results for the Second Quarter! Here's Its Current Status and Assets

cryptonews.ruPublicado a 2026-07-31Actualizado a 2026-07-31

Resumen

Tether, the world's largest stablecoin issuer, has published its Q2 2026 financial results. According to an independent audit by BDO, the company reported a net operating profit of approximately $1.5 billion and an excess of assets over liabilities totaling $4.11 billion. As of June 30, 2026, the circulating supply of USDT was roughly $184.6 billion, marking an increase of about $446 million from the prior quarter. Tether now holds over 60% of the global stablecoin market share. The $1.5 billion profit was primarily generated from U.S. Treasury bills and repurchase agreements. Total assets stood at approximately $187.75 billion against liabilities of $183.64 billion, with $183.62 billion of liabilities tied to issued digital tokens. Key actions during the quarter included a reduction of secured loans by $2.38 billion (down 15%) and an addition of 14 tons to its physical gold holdings, bringing the total to over 146 tons. CEO Paolo Ardoino reaffirmed that USDT remains fully backed by reserves despite market volatility. He also noted that the company is undergoing a comprehensive independent audit with one of the "Big Four" accounting firms.

Tether, the world's largest stablecoin issuer, has released its financial report for the second quarter of 2026. According to the report, prepared by the independent audit firm BDO, the company's net operating profit for the quarter was approximately $1.5 billion, and the excess of assets over liabilities reached $4.11 billion.

As of June 30, 2026, the volume of $USDT in circulation was approximately $184.6 billion. This figure represents an increase of roughly $446 million compared to the end of the first quarter. Tether also announced that $USDT's share of the global stablecoin market has surpassed 60 percent.

The majority of the company's net operating profit, approximately $1.5 billion in the second quarter, was generated from U.S. Treasury bonds and repurchase agreements. At the end of the quarter, Tether's total assets amounted to approximately $187.75 billion, while total liabilities were $183.64 billion. Approximately $183.62 billion of the liabilities consisted of obligations related to issued digital tokens.

According to the report, Tether reduced its share of secured loans by approximately $2.38 billion during the quarter. This reduction constitutes a 15 percent decrease compared to the previous period. The company also increased its physical gold holdings by 14 tons over the same period, bringing its total gold reserves to over 146 tons.

Tether stated that it remains one of the world's largest buyers and holders of U.S. Treasury bonds and reported that its global user base grew by more than 30 million in the second quarter.

Tether's CEO, Paolo Ardoino, stated that despite high volatility in the gold and bitcoin markets, $USDT remains fully backed by reserves. Ardoino also mentioned that the company is undergoing a comprehensive independent audit by one of the world's top four audit firms.

*This is not investment advice.

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Preguntas relacionadas

QWhat were Tether's approximate net operating profit and the excess of assets over liabilities in Q2 2026, according to their published report?

AAccording to the report, Tether's net operating profit for Q2 2026 was approximately $1.5 billion, and the excess of assets over liabilities reached $4.11 billion.

QWhat was the approximate total amount of USDT in circulation as of June 30, 2026, and what market share did Tether claim for USDT?

AAs of June 30, 2026, the amount of USDT in circulation was approximately $184.6 billion. Tether stated that USDT's share of the global stablecoin market exceeded 60 percent.

QWhat were the main sources of Tether's $1.5 billion net operating profit in Q2 2026, and what was the approximate breakdown of its total assets versus liabilities at the quarter's end?

AThe majority of the $1.5 billion net operating profit was generated from U.S. Treasury bills and repurchase agreements. At the end of the quarter, Tether's total assets were approximately $187.75 billion, and total liabilities were $183.64 billion, with approximately $183.62 billion of liabilities related to issued digital tokens.

QBy how much did Tether reduce its secured loans in Q2 2026, and how did its physical gold reserves change during that period?

ATether reduced its exposure to secured loans by approximately $2.38 billion in Q2, a 15 percent decrease from the previous period. The company increased its physical gold holdings by 14 tons, bringing its total gold reserves to over 146 tons.

QWhat did Tether's CEO, Paolo Ardoino, state about USDT's backing, and what future audit development did he mention?

APaolo Ardoino stated that despite high volatility in gold and Bitcoin markets, USDT remains fully backed by reserves. He also mentioned that the company is undergoing a comprehensive independent audit by one of the top four global auditing firms.

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