Tether records a $1.5 billion Q3 profit while doubling excess reserves, reinforcing the financial health and stability of the USDT stablecoin ecosystem.
Tether's Q3 2026 financial performance demonstrates significant stability, highlighted by a $1.5 billion net operating profit. The doubling of excess reserves further bolsters the backing of the USDT stablecoin, reinforcing investor confidence in its peg and liquidity profile.
Tether reported a net operating profit of $1.5 billion for the third quarter of 2026.
According to the report, Tether's excess reserves have doubled during the period.
Tether, the issuer of the USDT stablecoin, posted a robust $1.5 billion net operating profit for the third quarter of 2026. The firm also successfully doubled its excess reserves, signaling strengthened financial stability and liquidity for its flagship digital asset.
The report shows strong profitability and a doubling of excess reserves, which provides a larger cushion to support the USDT peg and overall financial health.