Stablecoin issuer Tether generated $1.5 billion in net operating profit during the third quarter of 2026, bringing its year-to-date total to $4.5 billion, while reserves backing its tokens reached $191.5 billion, according to its latest financial attestation. Tether’s Excess Reserves Grow in Q3 The company released its third-quarter figures Friday, October 30, showing that […]
Source: https://news.bitcoin.com/finance/tether-reports-1-5b-q3-profit-total-reserves-reach-191-5b/