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Tether Reports $1.5B Q3 Profit

Tether, a leading stablecoin issuer, reported a $1.5 billion net operating profit for the third quarter of 2026. The company's reserve buffer increased to nearly $8 billion, maintaining a total of $4.5 billion for the first nine months of the year despite market volatility. Tether continues to invest in new initiatives, including a tenge-backed stablecoin with Kazakhstan and payment infrastructure in Latin America.

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