Tether reports $1.5 billion Q2 profit and boosts gold reserves

Tether reported a net profit of $1.5 billion in Q2 2026, serving 650 million USDT users. The company increased its gold reserves to bolster strategic resilience and market stability. This growth reflects an increasing reliance on stablecoins in emerging markets, which raises questions about regulatory oversight and financial stability. These results demonstrate Tether's market dominance and its strategic approach to strengthening its financial position through the expansion of its reserve assets during this period.