Tether Posts $1.5 Billion Operating Profit in Q2, Expands Gold and Bitcoin Reserves
Summary Tether, the world’s largest stablecoin issuer, reported $1.5 billion in operating profit for Q2 2026 and significantly expanded its reserve portfolio. The company added 14 metric tons of gold and approximately 1,800 bitcoin during the quarter, reinforcing its asset backing strategy. This performance highlights the stablecoin industry’s ability to generate substantial returns even amid crypto market volatility. Details According to Tether’s latest financial disclosure, the company recorded $1.5 billion in operating profit in Q2 2026. This figure reflects the interest income earned from holding U.S. Treasury bills and other high-yield assets by stablecoin issuers. ...