Tether's Q3 2026 attestation report prepared by accounting firm BDO listed $8.37 billion in Bitcoin reserves as of September 30, 2026, implying roughly 100,060 BTC held within USDT backing assets

Tokens pegged to stable value, usually the US dollar, spanning issuers and reserves, depegs, and adoption by banks and payment networks.

The first and largest cryptocurrency, spanning its price and adoption, mining, protocol politics, and its contested role as digital money and inflation hedge.