Tether earned $4.5 billion in the first nine months of 2026, its third-quarter attestation showed on Friday. The $7.95 billion cushion protecting USDT holders from a shortfall is now smaller than the $8.37 billion in Bitcoin (BTC) sitting inside the...
KPMG U.S. has issued an unqualified opinion on Tether’s 2025 financial statements, the first full audit in the stablecoin issuer’s history.
The audited accounts show reserves exceeding liabilities by $6.814 billion as of Dec. 31, 2025. Tether’s own...
Tether earned roughly $1.5 billion in the second quarter, yet the cushion protecting Tether (USDT) holders shrank by half. Excess reserves closed June at $4.11 billion, down from a record $8.23 billion.
The stablecoin issuer published its Q2 2026...
Circle Internet Group (CRCL) reported a 263% surge in USD Coin (USDC) on-chain transaction volume to $21.5 trillion in Q1 2026, while net income from continuing operations fell 15% to $55 million.
The drop in reported profit largely reflects...
The post Tether Q1 2026 Profit Hits $1.04B, Treasury Holdings Surge appeared first on Coinpedia Fintech News
Tether reported record excess reserves of $8.23 billion in Q1 2026, according to its latest attestation prepared by BDO. The company...
Tether reported $1.04 billion in net profit for the first quarter of 2026 and lifted its reserve buffer to a record $8.23 billion, even as global markets churned through fresh volatility.
The figures come from a quarterly attestation by accounting...
The post Tether Picks KPMG for USDT Audit appeared first on Coinpedia Fintech News
Tether has confirmed that KPMG will audit its $185 billion USDT reserves, ending speculation about the unnamed “Big Four” firm. The audit will go beyond BDO Italia’s...
The Financial Times reported that KPMG, a Big Four firm, is the one Tether engaged for its first-ever full independent financial statement audit.
The stablecoin issuer announced the engagement on March 24 without naming the firm. PwC has also been...
Circle Internet Group (CRCL) dropped 20% on March 24 after the Clarity Act’s draft language banned passive stablecoin yield, erasing an estimated $4.6 billion in market value.
The sell-off hit as three forces converged on Circle simultaneously. A...
The post Tether Reports $10B Profit in 2025 as USDT Supply Hits Record $186B appeared first on Coinpedia Fintech News
Tether, the issuer of the world’s largest stablecoin USDT, reported more than $10 billion in net profit for 2025, highlighting...
