Tether’s stablecoin business set for another record year of profitability

Stablecoin issuer Tether anticipates another record year in 2025, projecting approximately $15 billion in profit, an increase from $13 billion in 2024, solidifying its position as a highly profitable company on a per-employee basis. This success is fueled by the dominance of its USDt token, the world's largest stablecoin with nearly $186 billion in circulation. CEO Paolo Ardoino confirmed that Tether is fielding significant investment interest and is seeking to raise $20 billion at a $500 billion valuation from select high-profile investors. The broader stablecoin market is heating up, exceeding $300 billion, partly due to the passage of the GENIUS Act in the US, signaling regulatory recognition of blockchain payment systems. Tether co-founder Reeve Collins believes this trend will lead to the tokenization of all major fiat currencies over the next decade.

(Source：Cointelegraph)