Tether posts $1.5B Q3 profit as reserve buffer nears $8B
The stablecoin issuer said treasury bills and reverse repos drove most income as assets rose and liabilities edged lower.
- On Oct. 30, 2026, Tether reported $1.5 billion in third-quarter net operating profit while rebuilding excess reserves to nearly $8 billion, approximately 94% above Earlier levels.
- Total reserve Assets reached $191.45 billion by the end of The September, with Treasury bills comprising $122.84 billion and Gold and Bitcoin together accounting for $27.45 billion.
- "Our responsibility is to make sure USD remains dependable," Tether CEO Paolo Ardoino said. Assets stood near $104.34 for every $100 in liabilities, representing around 4.34% of total reserves.
- The USDC issuer Circle reported $701 million in total revenue and reserve income, attributing 5% annual growth in reserve income to a 25% rise in average USDC circulation.
- BDO prepared the attestation covering financial figures and Assets backing the tokens, while Management aligned comparative figures with 2025 financial statements approved on Aug. 13, 2026.
14 Articles
14 Articles
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 Q3 Profit Reaches $1.5B as Excess Reserves Rise to $8B
Tether said it generated $1.5 billion in third-quarter net operating profit, with its reserve buffer strengthening sharply as excess reserves nearly doubled to $7.95 billion. The figures were released alongside the company’s latest attestation prepared by independent accounting firm BDO. For the quarter ended September, Tether reported $191.5 billion in total assets against $183.5 billion [...]
Company also disclosed details of its reserves that give ballast to USDT Source: Tether, emitter of stablecoin USDT, records operating profit of $1.5 billion in the 3rd quarter of 2026 See more news about Bitcoin. Follow Livecoins on Facebook, Twitter, Instagram and YouTube.
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