Tether posted a record profit of $10 billion in Q3 2025.
Date: 2025-11-03 Author: Oliver Abernathy Categories: BUSINESS
Tether, the issuer of the USDT stablecoin, released its financial report for Q3 2025, prepared by the auditing firm BDO. According to the document, the issuer's total net profit since the beginning of the year reached an impressive $10 billion, underscoring the stability of its business and the high level of user confidence.
USDT's market capitalization exceeded $174 billion, with the company's excess reserves amounting to approximately $6.8 billion. In the third quarter alone, Tether issued 17 billion new USDT tokens, one of the best quarterly results in the company's history.
Tether's reserves remain largely comprised of US Treasury bonds. According to the report, the volume of these bonds in the issuer's portfolio increased to $135 billion. This placed Tether as the 17th largest holder of US government securities, surpassing even South Korea.
In addition to bonds, gold and Bitcoin make up a significant portion of its reserves, with the shares estimated at $12.9 billion and $9.9 billion, respectively. The company also holds approximately $30 billion in corporate assets not used as stablecoin collateral. Tether invests these funds in various areas, including artificial intelligence-related projects.
The report also noted that the company successfully concluded a legal dispute with Celsius and applied for an investment fund license in El Salvador. Furthermore, Tether announced the launch of a share buyback program from existing investors, demonstrating its intention to strengthen its capital structure.
The company's CEO, Paolo Ardoino, noted that the third-quarter results confirm the business's resilience even in an unstable global economic environment. According to him, "Tether's results reflect confidence in the company and its ability to remain a pillar of stability in the digital asset world."
Ardoino previously stated that Tether expects to generate up to $15 billion in revenue by the end of 2025. Judging by its current performance, the company is confidently moving toward achieving this goal, continuing to strengthen its position in the stablecoin market and increase its influence on the financial ecosystem as a whole.
