Mars Finance reports that, according to Coindesk, the issuer of the stablecoin USDT, Tether, announced on Friday that its net profit in 2025 exceeded $10 billion. This is mainly due to the steady growth of its flagship token USDT and the continuous increase in investments in U.S. Treasuries and gold. The fourth-quarter financial report signed by Italian accounting firm BDO shows that Tether holds $6.3 billion in excess reserves, enough to offset its liabilities of $186.5 billion related to issued tokens. The circulating supply of USDT has increased by $50 billion in one year, surpassing $186 billion. The company continues to increase its holdings of U.S. Treasuries, with direct holdings reaching $122 billion, and total holdings—including overnight repurchase agreements—reaching $141 billion. This makes Tether one of the largest holders of U.S. Treasuries in the world. Tether also maintains substantial allocations in gold and Bitcoin, with holdings of $17.4 billion and $8.4 billion, respectively.
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Tether's net profit in 2025 exceeds $10 billion, with gold reserves reaching $17.4 billion
Mars Finance reports that, according to Coindesk, the issuer of the stablecoin USDT, Tether, announced on Friday that its net profit in 2025 exceeded $10 billion. This is mainly due to the steady growth of its flagship token USDT and the continuous increase in investments in U.S. Treasuries and gold. The fourth-quarter financial report signed by Italian accounting firm BDO shows that Tether holds $6.3 billion in excess reserves, enough to offset its liabilities of $186.5 billion related to issued tokens. The circulating supply of USDT has increased by $50 billion in one year, surpassing $186 billion. The company continues to increase its holdings of U.S. Treasuries, with direct holdings reaching $122 billion, and total holdings—including overnight repurchase agreements—reaching $141 billion. This makes Tether one of the largest holders of U.S. Treasuries in the world. Tether also maintains substantial allocations in gold and Bitcoin, with holdings of $17.4 billion and $8.4 billion, respectively.