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Tether posts $1.5B Q3 profit with $191.5B reserves, doubling excess reserves to $8B.

Protocol Fundamentals
30 Oct 2026, 23:05 WIB
Bitcoin
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Bullish
Tether posts $1.5B Q3 profit with $191.5B reserves, doubling excess reserves to $8B.

Tether reported a $1.5 billion net operating profit for Q3 2026, maintaining its strong earnings pace with a total of $4.5 billion profit year-to-date. Its reserves backing USDT stablecoins reached $191.5 billion, exceeding liabilities by nearly $8 billion, almost double the previous quarter's surplus. The majority of reserves are held in U.S. Treasury bills, precious metals, and bitcoin, providing financial stability amid market uncertainties. This strong reserve position supports Tether's ability to meet redemption demands even during market stress, reinforcing confidence in its stablecoin.

As of Oct 31, 2026 03:21 WIB, USDT on Pluang trades at Rp18.117 with a slight 0.40% decrease over the past day. The stablecoin maintains a large market cap of Rp3.265,77 trillion and a high trading volume of Rp2.189,6 trillion within 24 hours, reflecting active investor interest. Pluang users show a strong buying preference with 73% buy orders and a typical hold time of 92 days, underscoring confidence in USDT despite minor price fluctuations.

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