Other● Neutral

Tether's Extra Reserves Almost Double to $8B on $1.5B Q3 Profit

TradingGain Newsroom·1h ago·30 Oct 2026, 19:01 UTC

Tether, a stablecoin issuer, said its excess reserves nearly doubled to $8 billion and its Q3 profit reached $1.5 billion. Its US Treasury holdings are now comparable to those of major foreign holders, and its Bitcoin reserves were worth $8.37 billion at the end of September. For traders, this shows how large a stablecoin issuer's backing has grown and how much it is tied to Treasuries and Bitcoin.

BTCAt the time of writing, Bitcoin traded at $76,463 (-5.31% in 24h).Live price →

Why it matters

Excess reserves nearly doubled, reaching $8 billion, which points to a larger cushion at the issuer.
Q3 profit of $1.5 billion shows the stablecoin issuer earned a sizable amount in the quarter.
Bitcoin reserves were valued at $8.37 billion at the end of September, linking the issuer to Bitcoin prices.

What to watch next

Watch for Tether's next reserve update and any change in its Bitcoin or US Treasury holdings.

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This brief is written by TradingGain from public reporting by Cointelegraph.Read original ↗

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