Pay with

USD

Supports Visa, Mastercard, SEPA & more

Flexible trading, zero fees

Use your crypto for payments worldwide

Basic

Trade crypto freely

Magnify your profit with leverage

Convert & Auto-Invest

Trade any size with no fees and no slippage

Get exposure to leveraged positions simply

Pre-Market Trading

Trade new tokens before listing

Advanced

Trade on-chain with Gate Wallet

Smart access to new on-chain tokens

Smart strategies with automated trading

Follow expert trading strategies

CrossEx Trading

One margin balance, shared across platforms

Access hundreds of perpetual contracts

One platform for global traditional assets

Trade European-style vanilla options

Unified Account

Maximize your capital efficiency

Introduction to Futures Trading

Learn the basics of futures trading

Join events to earn rewards

Use virtual funds to practice risk-free trading

U.S. stock CFD derivatives

Access real US stocks and ETFs

Trade quality Hong Kong-listed stocks

High leverage, 24/7 trading

Tokenized Stocks

Backed by real stock assets

Unlock full access to global stock IPOs

Mint GUSD for Treasury RWA yields

Stocks Activities

Trade Popular Stocks and Unlock Generous Airdrops

Launch

Collect candies to earn airdrops

Quick staking, earn potential new tokens

Hold GT and get massive airdrops for free

Unlock full access to global stock IPOs

Trade on-chain assets and earn airdrops

Earn futures points and claim airdrop rewards

Investment

Earn interest with idle tokens

Auto-invest on a regular basis

Dual Investment

Profit from market volatility

Earn rewards with flexible staking

Pledge one crypto to borrow another

One-stop lending hub

Premium wealth growth plans

Private Wealth Management

Premium asset allocation

Top-tier quant strategies

Stake cryptos to earn in PoS products

No-liquidation leverage

No lock-up, withdraw anytime

Post, share, and explore crypto trends

Live crypto market analysis

Chat with crypto traders

What is happening in crypto

More

Promotions

Activity Center

Participate in activities to earn rewards

Invite friends to earn referral rewards

Affiliate Program

Earn exclusive commission rewards

Grow influence and earn airdrops

Real-time platform updates

Crypto industry articles

Huge fee discounts

Asset Management

One‑stop asset management solution

Enterprise digital asset solutions

Developers (API)

Connects to the Gate application ecosystem

OTC Bank Transfer

Deposit and withdraw fiat

Generous API rebate mechanisms

AI

Your all-in-one conversational AI partner

Use Gate AI directly in your social App

Gate Blue Lobster, ready to go

Gate for AI Agent

AI infrastructure, Gate MCP, Skills, and CLI

Gate Skills Hub

From office tasks to trading, the all-in-one skill hub makes AI even more useful.

Others

Find FAQs and help guides

Learn about crypto investing

Grow with the champions

Proof of Reserves

Gate promises 100% proof of reserves

Keep your assets secure

Tether Reports $1.04B Q1 Profit, $8.23B Reserve Buffer

USDT news Industry Reports

2026-05-02 19:51:22

Tether, the stablecoin issuer, posted a first-quarter profit of $1.04 billion and reached a reserve buffer of $8.23 billion. The company noted that the crypto market was highly volatile during the first quarter.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

Related News

Tether Posts $1.04B Q1 2026 Profit as Reserve Buffer Hits Record $8.23B

Tether Posts $1.04B Q1 Profit, Excess Reserves Hit Record $8.23B

Tether Posts $1.04B Q1 Profit as Reserve Buffer Hits Record $8.23 Billion

Related Articles

Tether Pushes XXI Merger Plan With Strike and Elektron

CryptoFrontNews05-02 11:21

Tether Q1 Net Profit of $1 billion: Stablecoin Leader’s Reserve Buffer Hits a New High Again

ChainNewsAbmedia05-01 14:24

Tether Pushes XXI Merger Plan With Strike and Elektron

CryptoFrontNews05-01 11:18

Tether Leads $14M Series A for Argentine Wallet

Coinpedia05-01 04:38

Comment

0/400

GateUser-9190180e

· 05-03 16:13

Seeing this set of data, I suddenly don't panic about the USDT I hold, and I even want to buy some more.

View OriginalReply0

FlamingoFrontView

· 05-03 07:32

8.2 billion in reserve buffers, even if a black swan event occurs, we can probably withstand a few rounds.

View OriginalReply0

Redditmen

· 05-02 20:48

zayu coin🚀

Reply0

ybaser

· 05-02 20:46

2026 GOGOGO 👊

Reply0

GateUser-57ab9c02

· 05-02 20:09

Q1 was so volatile that still making a profit, the leading stablecoin really has some strength.

View OriginalReply0

NeonStreetReflections

· 05-02 20:07

Profit exceeds 1 billion, reserves hit a new high, how can other stablecoins catch up with USDT given its strong fundamentals?

View OriginalReply0

SeaSaltMarketMakingNotes

· 05-02 20:05

High volatility quarters actually make money, Tether's arbitrage operations are really smooth.

View OriginalReply0

BribeCoffee

· 05-02 19:57

823 million buffer pool, this safety cushion is thicker than my mattress.

View OriginalReply0

GasFeeGambit

· 05-02 19:57

Tether earned 1 billion dollars this quarter, and its reserve buffer has grown to 8.2 billion, making it very stable in volatile markets.

View OriginalReply0

View More