Tether USDt price stays near dollar after Treasury-to-Bitfinex transfer
Published on 11/05/2026 at 18:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSUSDT remains close to its peg
- Investing.com listed USDT at 0.9996 USD when the page was read on November 5, 2026.
- A 170 million USDT transfer moved from Tether Treasury to Bitfinex on November 3, according to TokenPost.
- Tether reported a 7.95 billion USD reserve buffer as of September 30, up from 4.1 billion USD at the end of the second quarter.
The Tether USDt price remained close to its dollar peg as a 170 million USDT transfer moved from Tether Treasury to Bitfinex on November 3. TokenPost reported that the transaction was valued at about 169.9 million USD, while noting that the transfer alone does not establish how the tokens were used.
Transfer offers limited market signal
Tether Treasury is responsible for issuing USDT and Bitfinex is a cryptocurrency exchange. The November 3 movement therefore identifies the parties involved, but it does not prove that the tokens were used for trading, redeemed, or added to market liquidity. TokenPost also reported that 255 million USDT moved in the opposite direction, from Bitfinex to Tether Treasury, on October 30.
Investing.com listed USDT at 0.9996 USD when its Tether USDt page was read on November 5, 2026. The page showed a 24-hour volume of 76.50 billion USD, a market capitalization of 178.21 billion USD and 178.37 billion USDT in circulation. Those figures are platform readings rather than a statement about the purpose of the Treasury-to-Bitfinex transfer.
Reserve cushion remains central
The most recent reserve disclosure provides the broader investor context. In a report dated October 30, Tether said its third-quarter attestation, prepared by BDO, covered reserves as of September 30. The issuer reported 1.5 billion USD in third-quarter net operating profit and 4.5 billion USD for the first nine months of 2026.
The reported reserve buffer rose to 7.95 billion USD from 4.1 billion USD at the end of the second quarter. Tether stated that total assets were 191.451 billion USD and total liabilities were 183.496 billion USD, including 183.470 billion USD related to issued digital tokens. Direct and indirect U.S. Treasury bill holdings totaled 132.4 billion USD.
What matters for holders
USDT is designed to track one U.S. dollar, so its investment role differs from that of a speculative cryptocurrency. The relevant risks are instead linked to redemption liquidity, reserve composition, issuer controls and the ability to freeze addresses. The transfer data provides a current example of on-chain activity, but it is not sufficient to infer a change in the token's backing or supply.
Further coverage is available on the Tether USDt topic page.
