The Block(@TheBlockCo):THE BLOCK: Tether generated $1.5 billion in Q3 net operating profit, bringing its nine-month total to $4.5 billion. Its reserve buffer nearly doubled quarter over quarter to $7.95 billion, while direct and indirect U.S. Treasury holdings reached $132.4 billion. "Our responsibility is to make sure USD₮ remains dependable when people need it most, including when markets and financial systems come under pressure," CEO Paolo Ardoino said in the firm's latest attestation report released on Friday.

2026.10.30 18:03

THE BLOCK: Tether generated $1.5 billion in Q3 net operating profit, bringing its nine-month total to $4.5 billion. Its reserve buffer nearly doubled quarter over quarter to $7.95 billion, while direct and indirect U.S. Treasury holdings reached $132.4 billion. "Our responsibility is to make sure USD₮ remains dependable when people need it most, including when markets and financial systems come under pressure," CEO Paolo Ardoino said in the firm's latest attestation report released on Friday.