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Tether's Q1 2026: $1.04B Profit, USDT Dominance
Description
Tethers Q1 2026 report shows a staggering $1.04 billion net profit, with US Treasury holdings reaching $141 billion. Their USDT stablecoin remains dominant, backed by a robust balance sheet. Excess reserves hit a record $8.23 billion, separate from USDT, and a full audit is underway. In emerging markets, stablecoins like USDT are gaining traction, with 40% of crypto purchases in Latin America last year. This trend is also surging in high-inflation regions like Africa, but regulators are keeping a close eye due to potential risks.
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