Tether Profit Reaches $1.5 Billion in Third Quarter

Tether reported a net operating profit of $1.5 billion for the third quarter of 2026. Year-to-date, the stablecoin's total revenue reached $4.5 billion.

The issuer's total reserves hit $191.5 billion. A significant portion of assets, amounting to $132.4 billion, is invested in direct and indirect US Treasury securities.

The excess reserve buffer nearly doubled, rising from $4.1 billion to $7.95 billion. The company's liabilities are valued at $183.5 billion, primarily linked to issued USDT tokens.

Tether's main revenue sources remain unchanged: investments in US government bonds and reverse repo operations. The USDT circulating supply stands at approximately $184 billion, showing little change since the start of the year.