Tether, the prominent cryptocurrency stablecoin issuer, reported that its profits have exceeded $10 billion during the first nine months of the current fiscal year. In light of this significant financial achievement, the company has announced the initiation of a share buyback program aimed at enhancing shareholder value and demonstrating confidence in its ongoing business prospects.
source: https://www.coindesk.com/business/2025/10/31/tether-profits-topped-usd10b-in-first-nine-months-of-year-starts-share-buyback-program