Tether Reports $1.5 B Q3 Profit, Treasury Bill Holdings Near $8 B
Current overview (not historical)
Tether announced a third‑quarter operating profit of $1.5 billion, with excess reserves rising to $7.95 billion—almost double the previous quarter. The company’s total assets reached $19.15 billion, largely driven by $13.24 billion in direct and indirect U.S. Treasury bill holdings. These Treasury bill positions now exceed those of the United Arab Emirates and rank only behind South Korea. Liabilities stood at $18.35 billion, leaving Tether with a net surplus. The report highlights the firm’s continued liquidity and the significant portion of its reserves tied to U.S. Treasury securities, underscoring its strategy to maintain high-quality, liquid assets.
Written with AI from the reporting · updated 10/30/2026
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- 1Unclassified fact stationOct 31, 00:00recorded Oct 31, 03:28single sourcerevised
Tether Q3 profit hits $1.5B with excess reserves reaching $7
Read original source ↗ CointelegraphReplay this moment in the explorerEvidence & revisions · 1 source records
- Subject：
- Tether
- Action：
- reported third-quarter operating profit
- Object：
- $1.5 billion
- Occurred (fact side)：
- Oct 31, 00:00
- Published (valid side)：
- Oct 31, 03:01
- First seen (known side)：
- Oct 31, 03:28
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- CointelegraphSelectedRelated fact: single sourceSource report revisedTether Reports $1.5 B Q3 Operating Profit and Nearly Doubles Excess Reserves to $7.95 B
Report first recorded Oct 31, 03:28
Tether announced a third‑quarter operating profit of $1.5 billion, with its excess reserves rising to $7.95 billion – almost double the $4.1 billion reported in June. At the end of September the company held $191.5 billion in assets against $183.5 billion in liabilities, leaving a reserve surplus of $7.95 billion. Assets include $132.4 billion in direct and indirect U.S. Treasury bill holdings, comparable to South Korea’s $134.2 billion exposure and exceeding the United Arab Emirates’ $116.1 billion. Over the first nine months of 2026, Tether generated $4.5 billion in net operating profit, largely driven by Treasury bills and reverse repurchase agreements. Bitcoin reserves were valued at $8.37 billion, up from about $5.8 billion at the end of June. USDT remains the largest stablecoin, representing roughly 60% of the $297.3 billion stablecoin market, and its user base has surpassed 700 million, largely in emerging markets.
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