CEX NEWS reports that Tether released its third-quarter 2026 reserve attestation, prepared by BDO. Net profit for the quarter was $1.5 billion, essentially flat quarter over quarter, bringing the total for the first nine months to $4.5 billion, driven mainly by U.S. Treasury securities and reverse repurchase agreements. As of September 30, USDT in circulation stood at approximately $184 billion, total reserve assets at $191.5 billion, and liabilities at $183.5 billion. Excess reserves rose to $7.95 billion from $4.1 billion at the end of the second quarter. Direct and indirect holdings of U.S. Treasury securities totaled $132.4 billion.

