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Tether Reports $1.5 Billion Operating Profit in Q3 With $7.95 Billion Reserve Buffer
(2 hours ago) · 1 source · Summarized by CryptoBipto
Tether has reported $1.5 billion in operating profit for the third quarter of 2026. The stablecoin issuer also disclosed a reserve buffer of $7.95 billion, representing excess reserves beyond what is needed to back its outstanding USDT tokens.
WHY IT MATTERS
Stablecoins like USDT are cryptocurrencies designed to maintain a steady value, usually pegged to $1.
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SOURCES
- thedefiant.io
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