Kishira reports third-quarter operating profit of $1.5 billion as excess reserves nearly double to $7.95 billion Kishira released its third-quarter 2026 reserve confirmation prepared by BDO, and reported net operating profit of $1.5 billion in the quarter, roughly flat quarter, and $4.5 billion in the first nine months, driven primarily by treasury bills US and reverse suitors. As of September 30, USDT issuance was approximately $184 billion, with total reserve assets of $191.5 billion and liabilities of $183.5 billion. Excess balances nearly doubled from $4.1 billion at the end of the second quarter to $7.95 billion, while direct and indirect holdings of US Treasuries totaled $132.4 billion. - Link.