On October 30, Tether published its reserve report for the third quarter of 2026, attested by BDO. As of September 30, the company had total assets of approximately $191.5 billion and total liabilities of approximately $183.5 billion, the vast majority of which were related to issued digital tokens. Excess reserves stood at approximately $7.955 billion—nearly double the approximately $4.1 billion reported at the end of the second quarter, making the thicker buffer one of the quarter’s most notable changes.
Net operating profit for the quarter was approximately $1.5 billion, broadly in line with the previous quarter. Cumulative net operating profit for the first three quarters was approximately $4.5 billion. The amount of $USDT in circulation was approximately $184 billion and remained broadly stable amid market volatility during the first three quarters. Exposure to U.S. Treasuries held directly and indirectly totaled approximately $132.4 billion. Reserves continued to consist primarily of highly liquid, short-duration instruments to support day-to-day redemptions and payments.
The attestation was conducted independently by BDO, one of the world’s five largest accounting firms, and covered financial data and reserve composition. The company emphasized that continuously building excess reserves and maintaining liquidity are intended to ensure reliable payments even under stressful conditions. For complete details and breakdowns, please refer to the attestation report published on Tether’s official website.
#USDT #稳定币 #Tether does not constitute investment advice
Net operating profit for the quarter was approximately $1.5 billion, broadly in line with the previous quarter. Cumulative net operating profit for the first three quarters was approximately $4.5 billion. The amount of $USDT in circulation was approximately $184 billion and remained broadly stable amid market volatility during the first three quarters. Exposure to U.S. Treasuries held directly and indirectly totaled approximately $132.4 billion. Reserves continued to consist primarily of highly liquid, short-duration instruments to support day-to-day redemptions and payments.
The attestation was conducted independently by BDO, one of the world’s five largest accounting firms, and covered financial data and reserve composition. The company emphasized that continuously building excess reserves and maintaining liquidity are intended to ensure reliable payments even under stressful conditions. For complete details and breakdowns, please refer to the attestation report published on Tether’s official website.
#USDT #稳定币 #Tether does not constitute investment advice
