[Tether: Q1 Net Profit Reaches $1.04 Billion, Total Assets Approximately $191.77 Billion] Reported by Jinse Finance, Tether released its Q1 2026 performance report, showing that the company achieved a net profit of approximately $1.04 billion amidst a highly volatile global market environment. Excess Reserves rose to a record $8.23 billion. As of March 31, 2026, Tether's total assets were approximately $191.77 billion, with total liabilities around $183.54 billion, of which approximately $183.44 billion corresponded to issued digital tokens. Assets exceeded liabilities by $8.23 billion, while the circulation scale of USDT remained stable during the same period, with total token-related liabilities around $183 billion. In terms of reserve structure, Tether continues to focus on short-duration, highly liquid assets, with direct and indirect holdings of U.S. Treasuries amounting to approximately $141 billion, making it the 17th largest holder of U.S. Treasuries globally. Additionally, its reserves include approximately $20 billion in physical gold and around $7 billion in Bitcoin holdings.