Tether’s excess reserves nearly double to $8B as Q3 profit hits $1.5B

Cointelegraph · Fri, 30 Oct 2026 19:01:58 GMT

OmniFin Portal's take

Excerpt from Cointelegraph: “The stablecoin issuer’s US Treasury holdings are comparable to those of major foreign holders, while its Bitcoin reserves were valued at $8.37 billion at the end of September.”

Rule-based headline sentiment: Neutral

Live rate right now

BTC1 BTC = 77,221 USD

More Crypto headlines

Binance hackers raced to move billions before it could be frozen— Cointelegraph Experts divided over Binance hack asset freezes, warn recovery is another matter— CoinDesk Coinbase leads crypto stock selloff following $6.3B Binance hack— Cointelegraph Crypto Biz: Bitcoin’s quantum threat is becoming an economic problem— Cointelegraph

New to the fundamentals behind stories like this?

OmniFin Academy covers money basics, risk management, and reading markets — free, self-paced, no sign-up required.

Start OmniFin Academy →

← Back to all AI News