Tether Excess Reserves Drop 50% to $4.11 Billion in Q2 2026

Key Facts

1Tether's excess reserves fell to $4.11 billion by June 30 from $8.23 billion three months earlier.

Tether's excess reserves fell to $4.11 billion by June 30, 2026, down from $8.23 billion three months earlier. TokenPost reported that this 50% decrease reduced the capital buffer held by the stablecoin issuer over its liabilities, which changed by approximately $106 million during the second quarter.

The reserve breakdown included $114.96 billion in U.S. Treasurys, $5.8 billion in Bitcoin, and $18.84 billion in precious metals. The decline in reserves was influenced by gold prices falling 14.1% to $4,008.02 an ounce on June 30, 2026, while secured loans decreased to $13.45 billion, continuing a downward trend from the end of 2025.