StablecoinsTether Q1 2026: $1.04B Profit and Formal Audit Begins
Tether reported $1.04B net profit in Q1 2026, record $8.23B excess reserves, and launched its first formal audit. Here is how the business model works.
StablecoinsTether reported $1.04B net profit in Q1 2026, record $8.23B excess reserves, and launched its first formal audit. Here is how the business model works.
SecurityOver 25 crypto hacks in April 2026 caused $629.7M in losses, the worst month since February 2025. KelpDAO, Drift, DPRK, and a new attack model explained.
RegulationTreasury Secretary Scott Bessent confirmed the US seized nearly $500M in Iranian crypto assets. Tether froze $344M in USDT at OFAC's request.
StablecoinsMeta started paying Facebook and Instagram creators in USDC stablecoin via Stripe on Solana and Polygon. Pilot launch in Colombia and the Philippines.
StablecoinsVisa added Base, Polygon, Canton, Arc and Tempo to its stablecoin settlement pilot. Annualized volume grew from $4.7B to $7B in Q1 2026.
RegulationCelsius founder Alex Mashinsky will pay the FTC $10 million and faces a lifetime ban on financial promotions. The $4.72 billion judgment is suspended.
MarketsRobinhood Q1 2026 earnings: crypto revenue fell 47% to $134M, trading volume down 48%. EPS and revenue missed estimates. HOOD shares dropped 9.4%.
MarketsGalaxy Digital reported a $216M net loss in Q1 2026. Hyperliquid exposure partially offset losses. The Helios AI data center campus targets Q2 revenue.
InstitutionalOKX integrated BlackRock's BUIDL fund into Standard Chartered's custody, letting institutions use it as trading margin while earning yield.