Tether has reported $1.5 billion in third-quarter net operating profit, while its excess reserves nearly doubled to almost $8 billion, strengthening the financial buffer backing the world’s largest stablecoin...
Summary
- Tether has reported $1.5 billion in third-quarter net operating profit, while its excess reserves nearly doubled to almost $8 billion, strengthening the financial buffer backing the world’s largest stablecoin issuer.
- The company said its reserve buffer increased by approximately $3.5 billion during the quarter, bringing excess reserves to nearly $8 billion.
- The increase provides additional protection against potential losses and reinforces Tether’s ability to maintain the dollar peg of its USDT stablecoin.
- STABLECOINS | World’s Largest Stablecoin Reports $1.5 Billion in Profits in Q2 2026 Tether’s total assets exceeded $181 billion while liabilities stood at approximately $173 billion leaving the company with roughly $8 billion in assets above its obligations.
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