Tether Reports $1.5 Billion Q3 Operating Profit, $7.95 Billion Reserve Buffer
Tether reported about $1.5 billion in Q3 operating profit and a $7.95 billion reserve buffer, driven by Treasury bill and reverse repo income. The snippet notes BDO's attestation covered only the September-end report, not the full quarter. Traders may view the buffer as supportive of USDT backing, though the limited attestation scope is worth noting.
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