Tether USDt price stays near USD 1 as Russia approves public trading
Published on 11/09/2026 at 13:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSUSDT stays close to its dollar peg
- Russia approved Tether USDt for public exchange trading from November 17, subject to investor limits and testing.
- Tether reported USD 191.5 billion in reserve assets and a USD 7.95 billion reserve buffer at September 30.
- The retrieved Investing.com page displayed Tether USDt at USD 0.9992, consistent with its intended one-dollar peg.
Tether USDt price remains close to the stablecoin's intended one-dollar target as a new Russian trading framework adds a regulated access point and Tether reports a larger reserve cushion. The retrieved Investing.com page displayed USDT at USD 0.9992. The page labels the quote as real-time, but the displayed information does not establish a UTC daily comparison, so no one-day percentage move is assigned here.
Russia opens a new trading channel
Russia's central bank has approved Bitcoin, Ether and Tether USDT for public trading on domestic exchanges under rules taking effect on November 17, according to Anadolu Agency. The directive classifies USDT as a foreign digital instrument. Non-qualified investors will face an annual purchase limit of 300,000 rubles, or USD 3,660, per broker, while qualified investors can trade without that purchase limit. All investors must complete testing and review the risks before transacting.
The framework's inclusion criteria emphasize liquidity, market capitalization, average daily trading volume and at least five years of price history on foreign platforms. That selection gives USDT a formal route into public exchange trading, but the limits mean the measure is not unrestricted retail access.
Reserve data adds backing context
In a report dated October 30, Tether said its BDO-prepared attestation covered September 30, 2026. The company reported USD 191.5 billion in total reserve assets and USD 183.5 billion in total liabilities, leaving an excess reserve buffer of USD 7.95 billion, up from USD 4.1 billion at the end of the second quarter. Direct and indirect U.S. Treasury bill holdings totaled USD 132.4 billion.
Tether also reported USD 1.5 billion in third-quarter net operating profit and USD 4.5 billion for the first nine months of 2026. It said issuance remained broadly steady at USD 184 billion across the first three quarters. These figures are a point-in-time attestation rather than a live reserve statement, so they provide context for the peg but do not remove the need to monitor future disclosures and redemption conditions.
What matters for holders
The Russia decision may broaden the venues through which eligible users can access USDT, while the reserve figures provide a recent snapshot of the issuer's stated coverage. The near-peg Tether USDt price is consistent with a stablecoin whose primary function is liquidity and settlement rather than speculative price appreciation. For market participants, the relevant developments are therefore access rules, reserve updates and the continued ability to redeem at the intended value.
More coverage is available on the Tether USDt topic page.
