Tether USDt price holds near dollar as reserves and freeze policy draw scrutiny
Published on 11/05/2026 at 07:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSReserve strength meets control risk
- USDT remained close to its 1.00 US dollar target in the retrieved Investing.com snapshot.
- Tether reported a $7.95 billion reserve surplus and $1.5 billion in third-quarter net operating profit as of September 30, 2026.
- Tether said it froze more than $1.5 billion in USDt linked to the Binance hack within 30 minutes.
- Moscow Exchange plans to list USDT from December 1, creating a new access route while raising questions about sanctions-related wallet controls.
The Tether USDt price remained close to its one-dollar target as investors weighed stronger reserve figures against growing attention to Tether's ability to restrict transfers. The retrieved Investing.com market page showed USDT at 0.9996 USD, with a displayed day range of 0.9992 to 0.9997, a 52-week range of 0.9943 to 1.0032, market capitalization of $178.21 billion and 24-hour volume of $76.50 billion. The page did not provide a verifiable UTC comparison close, so no daily percentage move is assigned here.
Reserve cushion improves
Tether's quarterly attestation, published on October 30 and prepared by BDO, covered September 30, 2026. As reported by Yahoo Finance, the issuer reported $191.5 billion in assets against $183.5 billion in liabilities, leaving an excess reserve buffer of $7.95 billion. That compared with $4.11 billion at the end of June. Net operating profit was $1.5 billion for the quarter and $4.5 billion for the first nine months of 2026. Direct and indirect U.S. Treasury bill holdings totaled $132.4 billion.
The figures strengthen the financial cushion reported behind USDT, but they remain a dated snapshot rather than a live measure of reserves on November 5. They also come from an attestation, not a full quarterly financial-statement audit. The Tether website says its tokens are pegged one-to-one to matching fiat currencies and backed by reserves.
Freeze power becomes central issue
On November 2, Tether said it froze more than $1.5 billion in USDt within 30 minutes of the October 29 Binance hack. In its statement, the company said the FBI attributed the attack to North Korea. The intervention demonstrates the practical control an issuer can exercise over supported wallets, which can help investigations but is also a central operational and compliance risk for holders.
New listing, unresolved questions
CoinDesk reported on November 4 that Moscow Exchange plans to begin trading USDT, bitcoin and ether on December 1. Retail investors would face a test and an annual 300,000-ruble purchase limit, while qualified investors would have no cap. Because both the exchange and its clearing house are under U.S. sanctions, the report said questions remain over how Tether's freezing policy would apply to USDT held through that infrastructure. For investors, the Tether USDt price is designed to be stable; the more material risks concern redemption access, reserve transparency, issuer discretion and the legal status of the venues and wallets used.
More reporting on Tether USDt is available on the Tether USDt topic page.
