USDT brings US$1.3 billion to Tether in just one quarter

Tether once again made a lot with USDT. The issuer of the market’s first stablecoin reported US$1.3 billion in net operating profit in the second quarter of 2026. Its excess reserves now reach US$5.2 billion. US Treasury bonds remain at the center of its income.

Tether earns US$1.3 billion in the second quarter.

USDT excess reserves reach US$5.2 billion.

US Treasury bonds continue to occupy a central place in the reserves.

USDT generates another US$1.3 billion for Tether

Tether keeps accumulating profits. In 2025, the group had already surpassed US$10 billion in profits. The second quarter of 2026 adds US$1.3 billion in net operating profit. The figure comes from the new reserves certificate.

USDT remains the key piece. Each token in circulation must be backed by assets held by Tether. A large part of these reserves is in highly liquid instruments, especially short-term U.S. debt.

These investments generate interest. Tether keeps it. With USDT’s current size, the result grows quickly. The stablecoin continues to be used on exchanges, in DeFi, for payments, or simply as a digital dollar between two crypto transactions. The larger the supply, the larger the reserves. And the income too.

Treasury bonds keep paying

Tether has maintained a significant amount of US Treasury bonds for several years. This exposure has become one of its main sources of income. The group benefits directly from still-high rates in the United States.

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