X @Wu Blockchain

Tether's Financial Position - Tether CEO states Q3 2025 attestation shows several billion dollars in excess reserves and total group equity approaching $30 billion [1] - Tether generates roughly $500 million in monthly base profits from U S Treasury yields [1] - External analyses, including S&P's, overlooked group equity, leading to misinterpretations of Tether's financial position [1] S&P's Assessment - S&P Global Ratings downgraded Tether's USDT stability assessment from "Constrained" to the lowest tier, "Weak" [1] - The downgrade is due to a higher allocation to riskier reserve assets and limited transparency [1] - Bitcoin now represents about 5.6% of USDT's reserves [1]