Tether posts $1B profit with record reserves
Tether reported net profit of more than $1.04 billion in its Q1 2026 attestation, highlighting continued growth despite volatile market conditions.

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Tether reported net profit of more than $1.04 billion in its Q1 2026 attestation, highlighting continued growth despite volatile market conditions.
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Australia's Treasurer Jim Chalmers has unveiled a federal budget strategy defined by "responsible economic management and more restraint".
Japan’s reported $35 billion yen-buying intervention has strengthened the currency and raised risks of a broader unwind in global carry trades that could pressure bitcoin.
Consensys Software Inc. has warned that proposed US stablecoin rules could disrupt distribution models by extending yield restrictions beyond issuers to third-party partners.
Bitcoin climbed nearly 3% to around $78,700, approaching the $80,000 level as risk sentiment improved alongside rising U.S. equities.
The Central Bank of Brazil has banned the use of cryptocurrencies in cross-border payments under Resolution 561, mandating fiat-only settlement from October 1.
Chevron (NYSE:CVX) reported first-quarter 2026 earnings of $2.2 billion, or $1.11 per diluted share, as the company navigated a complex landscape of rising operational output and non-recurring financial charges.
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