Tether reported $4.5 billion in profit for the first nine months of 2026, but its USDT reserve buffer grew by only $1.66 billion to $7.95 billion, now smaller than its $8.37 billion Bitcoin holdings. This exposes USDT holders to risks from Bitcoin and gold price fluctuations, as a 29% drop in these assets could wipe out the entire buffer. Despite holding $139.6 billion in safer assets like US Treasuries, the stablecoin's safety net depends increasingly on volatile Bitcoin and gold prices. The buffer has fluctuated significantly over the past year, raising concerns about USDT's stability amid market stress.
Tether's USDT trades at Rp18.120 on Pluang, down 0.38% as of Oct 31, 2026 01:02 WIB. Bitcoin, a key part of Tether's reserve, is priced at Rp1.398.263.378, down 5.15% on Pluang. USDT's market cap on Pluang stands at Rp3.273,84 trillion, showing strong investor interest despite recent volatility in Bitcoin prices.
Tether reported a rebound in its excess reserves to about $7.95 billion as of September 30, 2026, nearly doubling from $4.1 billion at the end of June. Despite market volatility, USDT issuance remained steady at $184 billion through the first three q...
Four major crypto transfers totaling $450 million occurred within three hours, including a $235 million PYUSD move between unknown wallets and $215 million sent to exchanges. Significant transfers included 108.2 million USDT to Bitfinex and over 1,30...
The Binance hacker, identified as North Korea’s TraderTraitor, swiftly converted $365 million USDT into over 120,000 unfreezable ETH using Aave and UniswapX to evade asset freezes by platforms like Tether and Circle. The attacker deposited $60 millio...
Tether generated $16.4 million in fee revenue within 24 hours, leading blockchain revenue rankings ahead of Tron and Circle. This income comes entirely from yields on its reserve assets like US Treasury bills, not from on-chain transaction fees. Over...
After the Binance hack, USDT0 froze 6.18 million USDT tokens on the Polygon network and temporarily suspended transfers between Tron and Ethereum to monitor suspicious activity. The team quickly detected another theft on Polygon and froze the tokens ...
