{
  "id": 17274606,
  "title": "Tether’s excess reserves nearly double to $8B as Q3 profit hits $1.5B",
  "url": "https://urgent.news/2026/10/30/tethers-excess-reserves-nearly-double-to-8b-as-q3-profit-hits-1-5b",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-30T19:01:58.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/news/tethers-excess-reserves-nearly-double-to-8b-as-q3-profit-hits-15b"
  },
  "original_language": "en",
  "account": null,
  "summary": "Tether, the world's largest stablecoin issuer, reported a significant increase in its excess reserves, nearly doubling to $8 billion at the end of September, as its Q3 profit reached $1.5 billion. The company's US Treasury holdings are comparable to those of major foreign holders, with Bitcoin reserves valued at $8.37 billion, up from approximately $5.8 billion at the end of June. Tether's assets totaled $191.5 billion against $183.5 billion in liabilities, leaving a reserve surplus of $7.95 billion. The stablecoin remains dominant, accounting for around 60% of the $297.3 billion stablecoin market.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Tether nearly doubles reserve buffer to $8 billion as Q3 profit holds steady",
        "url": "https://urgent.news/2026/10/30/tether-nearly-doubles-reserve-buffer-to-8-billion-as-q3-profit-holds",
        "published": "2026-10-30T20:33:06.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}