Tether, the issuer of the world’s largest stablecoin USDT, reported more than $10 billion in net profit for 2025, highlighting another blockbuster year for the crypto heavyweight. The figures were disclosed in the company’s latest annual attestation released by independent accounting firm BDO, reinforcing Tether’s position as one of the most profitable players in the digital asset industry.
While profits dipped slightly from the $13 billion recorded in 2024, 2025 still ranked among Tether’s strongest years, driven by disciplined reserve management and sustained demand for USDT across global markets.
USDT Supply Hits Record High
One of the standout developments in 2025 was Tether’s aggressive issuance activity. The company added more than $50 billion worth of new USDT to circulation, marking its second-largest annual issuance on record. As a result, total USDT supply climbed to an all-time high of over $186 billion.
To back this growing supply, Tether now holds approximately $193 billion in assets, giving it excess reserves of $6.3 billion. This buffer is designed to strengthen confidence in the stablecoin during periods of market stress and volatility.
Treasury Holdings Drive Stability
A major pillar of Tether’s reserve strategy continues to be U.S. Treasuries. The firm disclosed that roughly $122 billion of its reserves are invested in U.S. government debt, placing Tether among the largest holders of Treasuries globally.
Beyond bonds, Tether also holds around 140 tons of gold, which serves both as an inflation hedge and as backing for its gold-pegged stablecoin, XAUT. This diversified reserve mix has helped Tether maintain stability while generating consistent returns in a high-interest-rate environment.
Expanding Beyond Stablecoins
Tether’s profits have also fueled expansion into new sectors. Under CEO Paolo Ardoino, the company has increased investments in bitcoin mining, peer-to-peer communication platforms, and decentralized artificial intelligence initiatives. These moves signal Tether’s ambition to evolve beyond stablecoin issuance into a broader digital infrastructure provider.
In a notable step toward regulatory and geographic diversification, Tether launched a U.S.-based subsidiary in 2025. Earlier this week, it officially rolled out USAT, a “Made in America” stablecoin aimed at serving the domestic market.
Trust with CoinPedia:
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:
All opinions and insights shared represent the author’s own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0
PRC Comment Policy
Your comments MUST BE constructive with vivid and clear suggestion relating to the post.
Your comments MUST NOT be less than 5 words.
Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.
Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.
Constructive REPLY to comments is allowed