Tether hits $10b profit mark with record $135b in treasuries

Tether has just released its Q3 report, showcasing a remarkable profit of over $10 billion year-to-date. This achievement highlights the company's strong performance in the stablecoin market, particularly with the issuance of more than $17 billion in USDT during the third quarter. Such financial success not only reinforces Tether's position as a leader in the cryptocurrency space but also reflects growing confidence in digital assets, making it a significant development for investors and the broader market.

Tether has reported an impressive $10 billion in profit year-to-date, alongside a record $135 billion exposure to US Treasuries. This significant financial milestone highlights Tether's robust performance in the cryptocurrency market and its strategic positioning in traditional finance. Such achievements not only bolster investor confidence but also underscore the growing integration of digital assets with conventional financial systems.

Tether has reported impressive profits exceeding $10 billion in the first nine months of the year, showcasing strong growth particularly in the third quarter. With a significant $17 billion increase in circulating USDT and a substantial $135 billion exposure to U.S. Treasuries, Tether is not only solidifying its position in the stablecoin market but also initiating a share buyback program. This move is important as it reflects confidence in their financial health and aims to enhance shareholder value.

Tether and its T3 partners have made significant strides in combating crypto-related crime by freezing over $300 million in illicit funds. This achievement highlights a year-long, multi-continent effort to tackle money laundering and fraud in the cryptocurrency space. It’s a crucial step towards enhancing the integrity of digital currencies and restoring trust among users and investors.

The T3 Financial Crime Unit, supported by major players like Tron and Tether, has successfully frozen $300 million in assets, marking a significant achievement in the fight against financial crime in the crypto industry. This milestone not only showcases the effectiveness of collaborative efforts in combating illicit activities but also reinforces trust in the cryptocurrency ecosystem, which is crucial for its growth and acceptance.

Coinbase has reported a significant profit of $432.6 million in Q3 2025, driven by increased trading volumes due to crypto market volatility and supportive policies from Trump. This growth is noteworthy as it highlights the resilience of the cryptocurrency market and the potential for continued investment and trading activity, making it an important development for investors and the broader financial landscape.

Paolo Ardoino, the CEO of Tether, recently launched USAT in the United States, marking a significant milestone for the company. Speaking at the Lugano PlanB conference, Ardoino expressed his excitement about the opportunities in the US, emphasizing that it remains a fertile ground for innovation and free thinking. This launch is crucial as it highlights Tether's commitment to expanding its presence in the US market, which could have a positive impact on the cryptocurrency landscape and attract more investors.

Tether has released an attestation report confirming that it holds 375,000 troy ounces of gold, which is a significant boost for investors looking for stability in the cryptocurrency market. This transparency not only reinforces trust in Tether's operations but also highlights the growing intersection of traditional assets like gold with digital currencies. As the market evolves, such reports are crucial for maintaining investor confidence and could potentially attract more users to the crypto space.

Faruk Fatih Ozer, the former CEO of the now-defunct cryptocurrency exchange Thodex, has been found dead in his prison cell in Tekirdag, Turkey. This tragic news raises serious concerns about the circumstances surrounding his death and the broader implications for the cryptocurrency industry, especially given the controversies that have surrounded Thodex and its collapse.

ARK Invest has significantly increased its exposure to cryptocurrencies, surpassing $2.15 billion across three of its funds. This surge in investment reflects a growing confidence in the crypto market, as ARK's bullish holdings indicate a positive outlook for the future of digital assets. This development is noteworthy as it highlights the increasing acceptance of cryptocurrencies among institutional investors, potentially paving the way for broader adoption and innovation in the financial sector.

Malaysia's central bank has launched an asset tokenization initiative that promises to boost financial innovation and stability in the country. This move is significant as it positions Malaysia as a potential leader in the rapidly evolving digital finance landscape, attracting attention from investors and tech enthusiasts alike.

This week, the Bitcoin market has shown signs of caution as it struggles to break through the $115,000 resistance level, despite a recent interest rate cut by the US Federal Reserve. Currently, prices are stabilizing around $110,000, and insights from the Bitcoin Options market reveal traders' sentiments and behaviors. Understanding these dynamics is crucial for investors as they navigate the complexities of the cryptocurrency market.

Ripple's price is facing significant pressure as it shows signs of a potential crash, with analysts noting at least two risky patterns. This comes despite growing optimism surrounding the imminent launch of spot XRP ETFs, which could have a major impact on the cryptocurrency market. Investors are watching closely, as the outcome could influence not only Ripple's future but also the broader landscape of digital assets.

As Bitcoin enters November, it does so with a history of strong performance, often seeing average gains of over 46% since 2013. Despite a challenging October marked by a sell-off due to recent economic shifts, this month is traditionally a time for Bitcoin to shine. Investors looking for the best cryptocurrencies to buy should keep an eye on low-cap options, as November could present significant opportunities for growth.