Tether Profit Holds at $1.5B in Q3 as Reserves Reach $7.95B

Tether generated $1.5 billion in Q3 net operating profit, bringing its nine-month earnings to $4.5 billion. Excess reserves climbed from $4.1 billion in June to $7.95 billion in September, with total assets reaching $191.5 billion against $183.5 billion in liabilities. Tether held $132.4 billion in direct and indirect U.S. Treasury bills, while USDT issuance remained broadly steady at approximately $184 billion. Tether reported $1.5 billion in net operating profit for Q3 2026, while its excess reserves nearly doubled to $7.95 billion. The company’s September 30 attestation, prepared by BDO, showed $191.5 billion in total assets against $183.5 billion in liabilities.