Tether’s 2025 Profits Surpass $10 Billion as Stablecoin Dominance Grows
Tether surpassed $10 billion in year-to-date net profit by Q3 2025, driven by stablecoin demand and interest income from its massive U.S. Treasury holdings.Summary
Tether Holdings Limited achieved net profits exceeding $13 billion in 2024 and surpassed $10 billion in year-to-date net profit by Q3 2025, positioning it as one of the most profitable privately controlled businesses globally. CEO Paolo Ardoino credits this success to growing global trust and demand for USDT. The company primarily generates profit by investing its reserves, holding approximately $135 billion in U.S. Treasuries by Q3 2025, making it a major holder of U.S. government debt. Tether also holds significant Bitcoin and gold reserves. USDT remains the dominant stablecoin, exceeding $183 billion in supply by October 2025, representing over 60% of the market. Financially strong with $6.8 billion in excess reserves, Tether is also strategically investing $4 billion into U.S. ventures like Rumble. Meanwhile, new platforms like Stabull Finance are emerging to address gaps in the market, specifically supporting non-USD stablecoin trading.
(Source：Brave New Coin)