Paolo Ardoino, the CEO of Tether, posted on X that the stablecoin issuer released its quarterly attestation for Q3 2026. He said Tether generated about $1.5 billion in net operating profit and that its reserve buffer grew to $7.95 billion, nearly double the $4.1 billion level at the end of Q2. Ardoino also noted that USDT issuance reached $183.5 billion and that the user base hit a new all‑time high of over 700 million, positioning USDT as a major financial‑inclusion tool. The post matters because Tether’s transparency and reserve strength are closely watched by regulators and the broader crypto market, influencing confidence in stablecoins and their role in global payments.

“Tether just released its quarterly USDT attestation for Q3 2026. Tether had a great third quarter of 2026, with ~1.5B in net operating profit. Tether’s reserve buffer continued to strengthen, nearly doubling to $7.95 billion from $4.1 billion at the end of Q2, an increase of $3.8 billion. USDT is today, without any doubt, the biggest financial inclusion success story in the history of humanity, with its user base reaching the new all-time-high of 700M+, across all emerging markets. USDT has become a monetary social network, connecting people, families, communities and entire countries at the speed of light. Highlights as of 30 September 2026: ~1.5B in net operating profits for Q3 2026. ~183.5B total issued USDT, end of Q3 2026. ~7.95B excess reserves, on top of the 100% reserves in liquid assets that back all issued tokens, end of Q3 2026. Generating $1.5 billion in net operating pro”

— Paolo Ardoino (@paoloardoino) on X · X ↗

Paolo Ardoino is not affiliated with COINMAG. The quote comes from a public post on X; the context was written by the COINMAG newsroom.