Tether reports $1.5B Q3 net operating profit, YTD $4.5B; excess reserves nearly double to $7.95B

Tether reported $1.5 billion in Q3 net operating profit, bringing year-to-date operating profit to $4.5 billion. Its excess reserve buffer nearly doubled to $7.95 billion, with total reserve assets of $191.5 billion including $132.4 billion in direct and indirect US Treasury holdings.

Detected & updated continuously · Source: Nebula