Tether Made $4.5 Billion in 2026, Yet Its Bitcoin Pile Now Outweighs USDT’s Safety Net
AI summary
Tether reported $4.5 billion in earnings for 2026, but its Q3 attestation shows its Bitcoin holdings now exceed the $7.95 billion cushion backing USDT. That shift means a larger share of the stablecoin's reserves is exposed to BTC price swings rather than sitting in safer assets. Traders should watch whether this reserve mix raises concerns about USDT stability and how it affects broader stablecoin confidence.
