Tether CEO refutes doubts: The group has nearly $30.00B in equity and $7.00B in excess reserves.

On November 30, Tether CEO Paolo Ardoino responded to "FUD about Tether," stating: According to the latest announcement (Q3 2025), Tether will continue to maintain a multi-billion-dollar excess reserve buffer, with total group equity approaching $30.00 billion.

As of the end of Q3 2025, Tether held approximately $7.00 billion in excess equity (on top of its ~$184.50 billion in stablecoin reserves) and around $23.00 billion in retained earnings as part of Tether Group's equity.

Tether Group's total assets are approximately $215.00 billion, with stablecoin liabilities of about $184.50 billion. S&P made the same mistake in its analysis: it did not account for the additional group equity, nor did it consider the base monthly profit of approximately $500 million generated solely from U.S. Treasury yields.

[TechFlow]