Tether: Q3 Profit Hits $1.5B as Reserves Double

Tether reported ~$1.5 billion in net operating profit for Q3 2026 and lifted its excess reserves to $7.95 billion from $4.1 billion at the end of Q2. Total USDT in circulation reached ~183.5 billion by 30 September 2026, backed by 100 percent liquid reserves plus the enlarged buffer. User numbers crossed 700 million, concentrated in emerging markets. The figures come from the attestation posted by Paolo Ardoino on 30 October 2026.