Tether Reserve Cushion Reaches $7.95 Billion on Surging Bitcoin and Gold Valuations

Tether's excess reserve buffer climbed to $7.95 billion as of September 30, up by $3.85 billion in the third quarter, according to an attestation reviewed by BDO. The expansion was largely propelled by valuation gains in Bitcoin and gold, including a 42.6% rise in Bitcoin's price from $58,642 to $83,621, which added roughly $2.47 billion. For the first nine months of 2026, Tether generated $4.5 billion in net operating profit, with Q3 profit at $1.5 billion. However, the $7.95 billion cushion remains smaller than Tether's $8.37 billion Bitcoin position against $183.5 billion in liabilities.