Markets › News › Markets

Tether Q3 Net Profit Surges to $1.5B, Excess Reserves Nearly Double to $8B

Tether's Q3 financial performance highlights significant growth in both profits and excess reserves, strengthening its financial position.

Tether's Q3 financial performance highlights significant growth in both profits and excess reserves, strengthening its financial position. Tether (USDT) is trading at R$49,87 ($0.9991). This is an original Kriptometre brief synthesising 4 outlets (CoinEdition, Bitcoin.com, Crypto.news, and others), with their figures cross-checked, plus live market data, as of Fri, 30 Oct 2026 23:07:02 UTC.

Why it matters

The substantial increase in Tether's excess reserves and profits enhances the stability of USDT, the largest stablecoin by market cap, which is crucial for the broader crypto market's liquidity and trust. This development also underscores Tether's ability to navigate regulatory challenges and maintain its market dominance.

Covered by 4 outlets over about 2.3 h — Kriptometre synthesises them all into one brief
  1. CoinEdition
    Tether Q3 Profit Hits $1.5B as Excess Reserves Nearly Double to $8B ↗
  2. Crypto.news
    Tether posts $1.5B Q3 profit as reserve buffer nears $8B ↗
  3. Cointelegraph
    Tether’s excess reserves nearly double to $8B as Q3 profit hits $1.5B ↗
  4. Bitcoin.com
    Tether Reports $1.5B Q3 Profit as Total Reserves Reach $191.5B ↗
Key takeaways
  • Tether's Q3 net operating profit reached $1.5 billion.
  • Excess reserves grew to nearly $8 billion, doubling from Q2.
  • Total reserve assets now stand at $191.45 billion.
  • USDT circulating supply remains at $180.17 billion.
What the reporting agrees on

All four outlets - CoinEdition, Bitcoin.com, Crypto.news, and Cointelegraph - agree that Tether's Q3 net operating profit was $1.5 billion and that its excess reserves nearly doubled to approximately $8 billion by the end of September. They also concur that the total reserve assets were reported at $191.45 billion. However, Cointelegraph provides the additional detail about Tether's US Treasury holdings being comparable to major foreign holders and specifies that Bitcoin reserves were valued at $8.37 billion at the end of September.

Tether, the company behind the largest stablecoin USDT, has announced a significant increase in its net operating profit and excess reserves for the third quarter of 2026. The company reported a net operating profit of $1.5 billion for the quarter, bringing its year-to-date total to $4.5 billion, according to its latest financial attestation.

The company's excess reserves, which serve as a financial buffer for USDT, nearly doubled from the previous quarter, reaching $7.95 billion by September 30. This growth in excess reserves is a positive sign for the stability of USDT, as it indicates a stronger financial position and increased capacity to handle potential market volatility.

The figures were corroborated by multiple outlets, including CoinEdition, Bitcoin.com, Crypto.news, and Cointelegraph. These outlets also reported that Tether's total reserve assets were $191.45 billion as of the end of September. Cointelegraph provided additional insight, noting that Tether's US Treasury holdings are comparable to those of major foreign holders and that its Bitcoin reserves were valued at $8.37 billion at the end of September.

The growth in Tether's reserves and profits comes at a time when the broader crypto market is experiencing volatility. The total crypto market cap is currently $2.65 trillion, with Bitcoin down 2.72% in the last 24 hours. The Fear & Greed Index stands at 30, indicating a 'Fear' sentiment among investors.

USDT's circulating supply remains robust at $180.17 billion, according to DeFiLlama. This is a critical factor for the crypto market, as USDT is widely used for trading and liquidity provision across various exchanges and platforms. The stability and growth of Tether's financial position are therefore crucial for the overall health of the crypto ecosystem.

Market reaction since this brief Live

Since this brief published about 5 hours ago, Tether (USDT) has moved from R$49,87$0.9991 to R$49,87$0.9991 — +0.00%.

$0.999$0.999$0.999$0.999$0.999 published · $0.999 now · $0.999 (+0.00%) 30 Eki 17:45 UTC 30 Eki 23:07 UTC
BeforeSince publishPublished · R$49,87$0.9991

The chart plots USDT's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Kriptometre's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Yatırım tavsiyesi değildir.

What this means in real

At today's peer-to-peer rate, 1 USDT ≈ 51.69 ₺ (about $0.9991), up 0.0% over 24 hours. The real itself trades about 3.7% above the official rate on the P2P market, so a Turkish buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.

USDT
#3
R$49,87$0.9991 ▲ 0.05%
7d -0.01%MCap 9.00T ₺Full USDT data →
The market when this published · 30 Ekim 2026
Total market cap132.52T ₺
Bitcoin 24h-2.72%
Ethereum 24h-1.35%
BTC baskınlığı58.1%
Korku & Açgözlülük30 · Fear
Cross-source data check

2 key figures independently matched across 4 outlets reporting this story.

$1.5B4× corroboratedCoinEdition, Bitcoin.com, Crypto.news, Cointelegraph
$8B3× corroboratedCoinEdition, Crypto.news, Cointelegraph

Kriptometre extracts the figures each outlet reports and flags the ones that agree. Numbers cited by only one outlet are attributed in the brief, not shown as corroborated.

On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · 30 Ekim 2026.

USDT circulating supply$180.17BDeFiLlama ↗
Bitcoin DeFi TVL$6.02BDeFiLlama ↗

Kriptometre reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

Tether Q3 Net Profit Surges to $1.5B, Excess Reserves Nearly — questions & answers

What is Tether's current circulating supply of USDT?

USDT's circulating supply is $180.17 billion, according to DeFiLlama.

How much did Tether's excess reserves grow in Q3?

Tether's excess reserves nearly doubled from the previous quarter, reaching $7.95 billion by September 30.

What is the total value of Tether's reserve assets?

Tether's total reserve assets were reported at $191.45 billion as of the end of September.

How much is 1 Tether worth in real today?

About 51.69 ₺ at the live peer-to-peer (P2P) USDT rate, which is what Turkishs typically trade at — equivalent to roughly $0.9991. The real price moves with both USDT's US-dollar price and the USDT/BRL rate; use our Tether in real page for any amount.

Which outlets reported this story?

This is an original Kriptometre brief that synthesises reporting from CoinEdition, Bitcoin.com, Crypto.news, Cointelegraph, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.

In this storyU.S. Treasury RegulatorTether Company
Kriptometre Newsdesk Data-stamped

Kriptometre's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Yatırım tavsiyesi değildir.

Market data verified against CoinGecko & Binance · 30 Ekim 2026 ⛓ Timestamped at Bitcoin block #973,887 sha256:b71c116e809080d5
Corroborated across 4 outlets, reported over about 2.3 h — this is an original Kriptometre summary with live market data, not the original article.CoinEdition · 30 Eki 17:45 ↗Crypto.news · 30 Eki 18:07 ↗Cointelegraph · 30 Eki 19:01 ↗Bitcoin.com · 30 Eki 20:05 ↗

Original summary — not financial advice. This is an original Kriptometre brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.