In the second quarter of 2025, Tether posted massive profits and solidified its position as a major player in global finance, as detailed in a recent audit by BDO. The stablecoin giant now holds over $127 billion in U.S. Treasury securities, making it one of the largest non-state holders of U.S. debt.
The audit revealed that Tether minted $13.4 billion in USDT during the quarter, bringing its total circulating supply to over $157 billion. The company’s financial health remains strong, with assets worth $162.6 billion and shareholder equity of $5.47 billion. This growth was fueled by a remarkable $4.9 billion in quarterly profits, which contributed to a total of $5.7 billion in net earnings for the first half of the year. This profit was driven by operational income and an increase in the value of its gold and Bitcoin reserves.
Beyond its core business, Tether is actively investing its capital. This year, it has directed nearly $4 billion into U.S.-based investments, including strategic backing for companies like XXI Capital and Rumble. CEO Paolo Ardoino stated that these moves are part of a larger mission to shape the future of digital finance, showcasing Tether’s expanding influence beyond the crypto world and into traditional finance.
August 2025, Cryptoniteuae
