Tether has reported a net profit exceeding $10 billion for Q1-Q3 2025, marking significant gains and expanding its market influence with record USDT issuance, as verified by BDO.
This substantial financial performance highlights Tether's growing dominance and reinforces confidence in USDT amidst global economic challenges.
Financial Report Highlights Strong Performance and Market Expansion
Tether has released its official Q1–Q3 2025 financial report, showcasing a strong year-to-date net profit exceeding $10 billion. The company achieved record USDT issuance, further expanding its reserves and global market standing.
CEO Attributes Success to Trust and Strength Amidst Economic Challenges
CEO Paolo Ardoino of Tether International S.A. de C.V. attributed this success to the trust and strength behind Tether amid challenging macroeconomic conditions. Detailed financial attestation was independently verified by the global accounting firm BDO.
Tether's Reserves and Market Position
The report reveals Tether holds $135 billion in US Treasuries, positioning it among the largest holders globally. This indicates growing confidence and dominance in the stablecoin market.
With total reserves at $181.2 billion and liabilities at $174.4 billion, Tether's excess reserves exceed $6.8 billion. Such financial positioning underscores its stable and liquid standing in the digital currency economy.
Comparison with Traditional Financial Institutions and Future Outlook
Tether's financial performance has surpassed several major banks, demonstrating its relevance in the global financial landscape. Its profit outstrips Bank of America's $8.9 billion for the same period.
The continued allocation of reserves in Bitcoin and gold might attract further market interest and investor confidence. Given its ongoing growth, Tether is poised to influence broader technological and financial directions in the digital economy.
"Investors and users alike continue to turn to USDT as the most reliable and liquid digital dollar, proving the enduring confidence in Tether’s model… Our consistent growth and discipline show that Tether is not only meeting global demand but also helping reinforce confidence in the broader digital economy." - Paolo Ardoino, CEO, Tether