Tether CEO refutes doubts: the group has nearly $30 billion in equity and excess reserves of $7 billion.

According to a message from Deep Tide TechFlow, on November 30, Tether CEO Paolo Ardoino responded to “concerns about Tether FUD” by stating: According to the latest announcement (Q3 2025): Tether will continue to maintain billions of dollars in excess reserve buffers, with the overall group's own equity approaching $30 billion.

As of the end of the third quarter of 2025, Tether has approximately $7 billion in excess equity (above approximately $184.5 billion in stablecoin reserves) and about $23 billion in retained earnings, as part of the Tether Group's equity.

Tether's total assets are approximately $215 billion, with stablecoin liabilities of about $184.5 billion. S&P made the same mistake in its analysis: it did not consider the additional group equity, nor did it account for the approximately $500 million in monthly base profits that could be generated solely from U.S. Treasury yields.