DeFi
Tether Reports $1.5 Billion Q3 Profit as Excess Reserves Nearly Double to $8 Billion
Tether posted $1.5 billion in net operating profit for the third quarter of 2026. Its excess reserves rose to $7.95 billion, up from $4.1 billion at the end of June. The company holds $132.4 billion in US Treasury bills, close to South Korea’s holdings.
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