Tether, the world’s largest stablecoin issuer, reported more than $10 billion in net profit for 2025 as USDT circulation climbed above $186 billion by year’s end, according to its Q4 2025 attestation report.
Total reserves rose to nearly $193 billion, continuing to exceed liabilities, with excess reserves reaching $6.3 billion.
Nearly $50 billion in new USDT was issued during 2025, with roughly $30 billion minted in the second half alone as demand surged across payments, trading, and emerging markets.
Tether’s exposure to US Treasuries reached fresh records, with direct holdings exceeding $122 billion and total Treasury exposure topping $141 billion. The figures place the company among the world’s largest holders of US government debt.
The company’s gold division has also expanded rapidly as bullion prices reached all-time highs. Tether Gold (XAUT) surpassed $2 billion in market capitalization, accounting for more than half of all gold-backed tokens in circulation.
CEO Paolo Ardoino said USDT’s growth reflects rising global demand for dollars outside traditional banking systems, adding that USD₮, with its network effect and parabolic growth, has become the most widely adopted monetary social network in history.
A closer look at some of the most important developments around Ripple and XRP's…
Okay, so the U.S. and China are locked in an all-out race to build the…
Project Acacia Findings The Reserve Bank of Australia has officially moved past the “trial phase”…
Franklin Templeton and Ondo are launching tokenized ETFs that trade 24/7 directly in crypto wallets,…
RSA Conference 2026 spotlights AI in cybersecurity, from SOC automation to governance challenges, as experts…
PRESS RELEASE | The Philippine Stock Exchange raised a total of Php 144.14 billion in…