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Tether Limited reported a net profit of $2.5 billion in the third quarter, with year-to-date profits reaching $7.7 billion. Strong numbers were driven by gold holdings and excess reserve buffer exceeding $6 billion. The company holds over $105 billion in cash and cash equivalents, including $102.5 billion in US Treasuries. Tether’s stablecoin supply surged to nearly $120 billion, with investments in various sectors totaling $7.7 billion.
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