Tether reports $1.5B Q3 profit as excess reserves reach $8B
CIE News ·
Based on reporting by Cointelegraph; not yet independently confirmed.
Tether posted a $1.5 billion profit for the third quarter of 2026, according to Cointelegraph. Excess reserves hit $8 billion, while Bitcoin holdings reached $8.37 billion by late September.
Tether reported a third-quarter profit of $1.5 billion for 2026, according to Cointelegraph. The stablecoin issuer's excess reserves nearly doubled to reach $8 billion, while total assets stood at $191.5 billion alongside a nine-month operating profit of $4.5 billion. Cointelegraph reported that by the end of September 2026, Tether's Bitcoin (BTC) reserves were valued at $8.37 billion, with its US Treasury holdings matching those of major foreign countries.
Key facts
- Q3 profit reached $1.5B
- Excess reserves doubled to $8B
- BTC reserves hit $8.37B
- Total assets reached $191.5B
Read the original at Cointelegraph