Tether’s excess reserves nearly double to $8B as Q3 profit hits $1.5B

CoinTelegraph · Fri, 30 Oct 2026 19:01:58 GMT

Hype 20/100 · Market impact 35/100 · Breaking 60/100

Tags: BTC, STABLECOIN

At the end of September, stablecoin issuer Tether held bitcoin reserves valued at $8.37 billion, and its U.S. Treasury holdings were comparable to those of major foreign holders.

Read the full story on CoinTelegraph →

Related coverage

Worried About Crypto Hacks? Buy Bitcoin Proxies in Stock Market Instead, Say Wall Street Firms
Binance gives 48-hour withdrawal target while Bitcoin deposits remain open
Bitcoin Gains Help Swell Tether’s Buffer to $8B
Binance Hack: Why Bitcoin Didn't Crash Like It Did in 2018
Coinbase’s $719 million profit reveals a company caught between two crypto economies