Tether Mid-2025 Report Shocks: Earned $1 Billion, Became the 17th Largest Holder of U.S. Treasuries

ProposalDetective · 2025-11-22T13:38:42+00:00

Tether made over $1 billion in profit in the first three quarters of 2023, holding $135 billion in US Treasury bonds and becoming the 17th largest holder globally. Its USDT circulation reached $174.4 billion, with asset reserves of $181.2 billion and excess reserves of $6.8 billion. Tether plans to expand into areas such as AI and renewable energy, emphasizing the value of stability and liquidity.

ProposalDetective

2025-11-22 13:38:42

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You’re not seeing things—this USDT-issuing company is actually more profitable than most exchanges.

According to the latest audit report, Tether has already earned over $1 billion in net profit in the first three quarters of this year. What does that mean? This number blows past most traditional financial institutions.

What’s even crazier is that the company now holds $135 billion in US Treasuries, officially ranking as the 17th largest holder of US government debt in the world. In other words, Tether’s assets under management now exceed those of many national sovereign wealth funds.

Key Numbers at a Glance

Total USDT in circulation: $174.4 billion (up $17 billion quarter-over-quarter in Q3)
Total asset reserves: $181.2 billion
Excess reserves: $6.8 billion (a solid safety cushion)
Profit (YTD): Over $1 billion

Why Does This Matter?

Ample Reserves — $181 billion in assets fully covers the $174 billion USDT issuance, with an extra $6.8 billion in excess reserves. In the crypto world, this level of backing is as rare as a unicorn.

Accelerating Globalization — Official figures say over 500 million people worldwide use USDT. From small vendors in Africa to freelancers in Asia, USDT is becoming an “digital safe haven” for emerging markets.

Clear Revenue Model — The main source of income is interest from holding US Treasuries—simple, straightforward, and stable.

What’s Next

Tether isn’t content with just being a stablecoin issuer. The company has already started expanding into AI, renewable energy, and other sectors, aiming to evolve from a pure financial tool into a comprehensive financial ecosystem.

This round of Tether’s performance data proves one thing: In an era of ongoing macro uncertainty, stability and liquidity are the most valuable commodities. And USDT just happens to offer both.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Please do your own research before purchasing any crypto assets.

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