Tether Posts $1.5B Q3 Profit as Reserve Buffer Nears $8B
Tether said its excess reserves rose to nearly $8 billion as U.S. Treasury bills and reverse repurchase agreements drove most of its income.
- On Friday, Tether reported $1.5 billion in third-quarter operating profit as excess reserves nearly doubled to nearly $8 billion. Tether CEO Paolo Ardoino stated the company prioritizes liquidity for redemptions and infrastructure resources.
- Tether remains the world's largest stablecoin, accounting for around 60% of the $297.3 billion stablecoin market according to DefiLlama data. The issuer has faced years of scrutiny over its reserve transparency.
- At the end of September, Tether held $191.5 billion in assets against $183.5 billion in liabilities, resulting in a $7.95 billion reserve surplus. This represented around 4.34% of total liabilities, compared with approximately 2.24% three months earlier.
- Assets included $132.4 billion in direct and indirect Treasury holdings. Tether valued its Bitcoin reserves at $8.37 billion, up from approximately $5.8 billion at the end of June.
- Ardoino said on Friday that USDT's user base surpassed 700 million, with adoption concentrated in emerging markets. "Our responsibility is to make sure USD remains dependable when people need it most," Ardoino said, emphasizing liquidity priorities.
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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, 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.
Tether News: $1.5B Q3 Profit as Reserves Climb to $191 Billion
Tether news highlighted rising reserves after the stablecoin issuer reported $1.5 billion in third-quarter operating profit. The company disclosed $191.45 billion in assets against $183.50 billion in liabilities. Its Oct. 30 announcement showed excess reserves reaching $7.95 billion as of Sept. 30. However, rising investment valuations contributed to the improvement. Tether Earns $4.5B …
The net operating profit of Tether in Q3 stops at 1.5 billion dollars, as in the previous quarter. The buffer of reserves, meanwhile, has almost doubled to 7.95 billion. Tether International, S.A. de C.V. published the numbers on 30 October 2026, along with a statement on reserves to cover USD 2026. [...]
Tether Reports $1.5 Billion in Q3 Profit as Excess Reserves Double to $8.37 Billion
Tether reported $1.5 billion in third-quarter net operating profit as its excess reserves nearly doubled to $7.95 billion, although a closer examination of its latest attestation shows that rising cryptocurrency valuations contributed heavily to the improvement while its holdings of cash-like assets declined.The world's largest stablecoin issuer reported $191.45 billion in assets against $183.50 billion in liabilities as of September 30, 2026, a…
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