Tether Made $1.5 Billion in Q3 and Doubled Its Reserve Cushion to $8 Billion. How Safe Is USDT Now?
- Tether reported a reserve surplus of $7.95 billion as of September 30, with total assets reaching $191.5 billion against $183.5 billion in liabilities, according to an attestation prepared by BDO.
- On Friday, Tether CEO Paolo Ardoino announced that USDT's user base surpassed 700 million, with adoption concentrated in emerging markets, positioning the stablecoin to dominate.
- Assets include $132.4 billion in Treasury bill holdings and $19.08 billion in physical gold, while Bitcoin reserves valued at $8.37 billion rose from approximately $5.8 billion three months earlier.
- Ardoino stated that "Our responsibility is to make sure USDT remains dependable when people need it most," identifying liquidity for redemptions as a core priority.
- While Circle reported $701 million in total revenue, Tether generated $1.5 billion in net operating profit as USDT issuance remained steady near $184 billion throughout the first nine months of 2026.
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BizTocTether Made $1.5 Billion in Q3 and Doubled Its Reserve Cushion to $8 Billion. How Safe Is USDT Now?
The post Tether Made $1.5 Billion in Q3 and Doubled Its Reserve Cushion to $8 Billion. How Safe Is USDT Now? appeared first on 24/7 Wall St..Tether earned a net profit of $1.5 billion in the third quarter of 2026, per an attestation by accounting firm BDO on October 30, 2026. That brings Tether’s nine-month profit to $4.5 billion. The company also increased its reserve buffer—the assets it holds beyond what it owes USDT holders—from $4.1 billion…
Tether posts $1.5B Q3 profit as reserve buffer nears $8B
Tether has reported $1.5 billion in third-quarter net operating profit while rebuilding its excess reserves to nearly $8 billion, almost twice the cushion it held three months earlier. Tether’s Oct. 30 announcement put total reserve assets at $191.45 billion as…
Tether, the company behind the USDT, said it won US$1.5 billion in the third quarter of 2026 and that its reserve mattress nearly doubled: it went from US$4.1 billion at the end of June to US$7.950 million at September 30. It is the margin that has above what it owes to those who have [...] The Tether entry earns US$1.5 billion and almost doubles its reserve mattress was first published in Cryptoreport.
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