Tether financial performance and reserve management
The developments in this story so far, most recent first.
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· date approximate Development
Tether Reports $1.5B Q2 Profit as USDT Supply Grows
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· date approximate Background
Tether's excess reserves were just over $8.23 billion three months prior to the current quarter.
Three months prior to the end of the second quarter of 2026, Tether's excess reserves were reported at just over $8.23 billion.
This amount subsequently decreased to roughly $4.11 billion by June 30, as noted in reports regarding the company's financial performance for the period.