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The issuer of the US dollar stablecoin USDT, Tether, released a Q2 financial report audited by the independent accounting firm BDO on (31), showing sustained business growth, holding $127 billion in U.S. Treasury bonds, a net profit of $4.9 billion in Q2, and investments in hundreds of companies, a series of data that is eye-catching and enticing.
USDT supply hits a new high
The financial report indicates that in the second quarter of 2025, Tether issued over $13.4 billion in new USDT, increasing the circulation of USDT to $157 billion, which is an increase of about $20 billion since the beginning of the year. This pace of expansion demonstrates that the global demand for digital dollars is accelerating, especially in emerging markets with insufficient financial services. Tether's CEO Paolo Ardoino stated, "We are not just keeping up with global market demand, we are also shaping it."
Apart from USDT, Tether's gold stablecoin Tether Gold(XAUT) has also attracted considerable attention, with a market capitalization exceeding $814 million, backed by 7.66 tons of physical gold.