Tether posted a $1.5 billion net operating profit in Q3 while increasing its excess reserves to nearly $8 billion, almost double the amount from three months earlier. The company’s total reserve assets reached $191.45 billion as of September 30, with U.S. Treasury bills, physical gold, and Bitcoin making up the bulk of reserves. This stronger reserve cushion improves Tether’s ability to support redemptions and maintain stability amid steady USDT issuance. The move signals Tether’s focus on liquidity and financial security as it navigates market conditions.
Tether's Q3 profit and reserve growth provide context for digital asset markets. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 31, 2026 01:12 WIB: Of 50 priced major cryptocurrencies tradable on Pluang, 4 rose and 45 fell today. EOS (EOS.IO) gained 8.13% to Rp12.649, while ONE (Harmony) dropped 8.24% to Rp21, and NEO (Neo) fell 7.48% to Rp35.747.
Atlas Copco Group completed Expansion Week in the US, unveiling three major manufacturing expansions in New York and South Carolina. The new facilities will increase production of oil-free compressors, dry vacuum pumps, and gas and process equipment,...
Mohawk Industries reported Q3 2026 net sales of $2.8 billion, up about 1%, driven by price increases offsetting lower volumes amid weak demand. Adjusted EPS rose 2% to $2.72, supported by productivity and pricing strategies. The company generated $39...
The global Drone as First Responder (DFR) market, valued at $3 billion in 2025, is projected to grow to $11 billion by 2033 at a 17.7% CAGR. Growth is fueled by advancements in automated drone-in-a-box systems, beyond visual line of sight (BVLOS) ope...
Reddit's stock fell about 28% following its announcement to shift the platform to a logged-in-only experience, partly framed as a move to enhance data protection and comply with regulations. This change will start with tests in select markets outside...
Bitcoin is on track for its second consecutive negative October, down about 8.4% as of late October 2026, trading near $76,000. This breaks a long-standing seasonal trend where October usually sees gains, with an average 19% rise since 2013. The pric...
