Tether is making waves in the global financial system once again, posting massive profits and growing its presence as a dominant force in U.S. Treasury markets.
According to a new audit by BDO for Q2 2025, the stablecoin giant now holds more than $127 billion in U.S. debt—cementing its position as one of the largest non-state holders of Treasury securities.
The report highlights a surge in USDT issuance, with $13.4 billion minted in the second quarter alone. That brings the total for 2025 to over $20 billion and pushes the circulating supply past $157 billion.
Backed by assets worth approximately $162.6 billion and liabilities of $157.1 billion, Tether maintains a healthy financial cushion. Shareholder equity now stands at $5.47 billion, bolstered by $4.9 billion in quarterly profits. For the first half of the year, total net earnings reached $5.7 billion—driven by both operational income and the rising value of gold and Bitcoin reserves.
Tether isn’t just stacking cash—it’s putting it to work. Nearly $4 billion has been funneled into U.S.-based investments so far this year, with projects like XXI Capital and Rumble receiving strategic backing. The company’s expanding portfolio suggests a deliberate push to solidify its role far beyond the crypto ecosystem.
CEO Paolo Ardoino says the company’s growing footprint reflects a larger mission. “We’re not just keeping up with demand for digital dollars—we’re helping define what that future looks like,” he said.
With record profits, a deepening connection to U.S. financial markets, and aggressive investment moves, Tether continues to blur the line between crypto and traditional finance.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
Source: https://coindoo.com/tether-posts-4-9b-quarterly-profit-expands-u-s-treasury-holdings/