Tether says it generated $1.5 billion in third-quarter net operating profit, with its reserve buffer widening substantially as excess reserves nearly doubled to $7.95 billion, according to an...
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...
Tether reported $1.5 billion in net operating profit for Q3 2026, while its reserve buffer nearly doubled to $7.95 billion.
The stablecoin issuer’s US Treasury holdings are comparable to those of major foreign holders, while its Bitcoin reserves were valued at $8.37 billion at the end of September.
Treasury bills and reverse repos drove earnings, while BDO's attestation covered the September-end report rather than activity throughout the quarter.... Read the full story at The Defiant
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