Tether published its third-quarter figures on October 30, 2026, and the most important one is the gap between assets and liabilities: as of September 30, the company's assets exceeded its liabilities by $7,954,630,470. At the end of June the figure was $4.1 billion. The buffer has therefore almost doubled in three months, by $3.85 billion. For you as a holder of USD₮, that is the number that counts, because it shows how much room the issuer has beyond the customer money it has taken in.
The report was prepared by the audit firm BDO. At the same time, the document is a snapshot as of the reporting date and not an audited annual financial statement. What exactly separates the two is set out further down. And for European investors there is a second point that has nothing to do with the figures: on licensed exchanges in the European Economic Area, USD₮ has disappeared from trading, because Tether never applied for authorisation for the token under the EU's MiCA regulation.
What the BDO attestation shows as of September 30
The attestation names three amounts, and they are stated precisely enough to calculate with. According to the report, the company's management asserts the following as of September 30, 202...
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