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 the level recorded Earlier.
- Total reserve Assets reached $191.45 billion by the end of The September, including $122.84 billion in Treasury bills and $139.58 billion in cash-equivalent holdings.
- "Our responsibility is to make sure USD remains dependable," Tether CEO Paolo Ardoino said, noting Assets stood near $104.34 for every $100 in liabilities with around 4.34% cushion.
- 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.
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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 Boosts Reserves To $3.2B After Q3 Profit
NoSmokeSport - Sports News & Latest Trending World News NoSmokeSport - Sports News & Latest Trending World News - Better Sport News Tether's Q3 2023 report reveals a $1.5 billion net operating profit, boosting its excess reserve buffer to a new high of $3.2 billion and reinforcing USDT's... The post Tether boosts reserves to $3.2B after Q3 profit first appeared on NoSmokeSport - Sports News & Latest Trending World News and is written by Davis Wa…
Key points of the news: Tether recorded a net operating gain of $1.5 billion during the Q3 of 2026 and accumulated $4.5 billion in nine months. The company’s surplus reserves increased from $4.1 billion to $7.9 billion, while its total assets reached $191.5 billion. Tether maintains $132.4 billion in letters of ... Read more
Tether increased its excess reserves to $7.95 billion in the third quarter; this figure is approximately double the $4.1 billion recorded at the end of the second quarter.
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