Tether’s $10B Profit: Because Who Needs a Piggy Bank When You’ve Got USDT?

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Tether just made $10B in 2025, because apparently printing digital dollars is the new “get rich quick” scheme. Also, their USDT supply hit a record high, which is great news for anyone who loves a good stablecoin party.

So, Tether made over $10 billion in profit last year. That’s right, billion with a “B.” Meanwhile, I’m still trying to figure out how to get my Venmo balance into the triple digits. Apparently, issuing USDT is the financial equivalent of printing money, except it’s legal. Who knew?

Tether’s 2025: More Profits Than a Kardashian Wedding

According to their attestation by BDO (which I’m pretty sure stands for “Big Dollars, Obviously”), Tether’s numbers are as accurate as my excuses for not texting back. They’ve got $6.3 billion in excess reserves, which is just sitting there, probably judging my savings account.

Tether made $10B+ in 2025, has $6.3B in excess reserves, and is basically the prom queen of U.S. Treasury holdings. Eat your heart out, Warren Buffett. – Tether (@tether)

Their U.S. Treasury holdings hit $141 billion, which is more than my student loan debt. Okay, maybe not, but it’s close. Either way, Tether’s got more financial stability than my love life.

Related Reading: Tether Launches USAT Stablecoin Because One Stablecoin Isn’t Enough | Live Bitcoin News

In 2025, Tether minted $50 billion in new USDT, which is the second largest increase ever. Apparently, the world was really thirsty for digital dollars. I mean, who needs physical cash when you can have a stablecoin? Spoiler: everyone in emerging markets, apparently.

After midyear, $30 billion in USDT entered circulation, because nothing says “financial innovation” like a stablecoin being used for payments, trading, and probably buying avocado toast. The total supply hit $186 billion, which is just… a lot of zeros.

Their reserve assets? Almost $193 billion. Liabilities? Pfft, they’ve got that covered. It’s like Tether is the financial equivalent of that one friend who always has extra snacks. Except the snacks are dollars. And they’re digital.

Oh, and Tether’s digital dollar ecosystem has 530 million users worldwide. That’s more people than I’ve matched with on Tinder. Network effects? More like “we’re taking over the world” effects.

Treasury Holdings: Tether’s New Favorite Hobby

Tether’s Treasury exposure hit $141 billion, because apparently they’re really into low-risk assets now. By the end of 2025, they were basically the world’s biggest fan of U.S. government debt. Move over, Grandma’s bond portfolio.

Their total assets were $192,877,729,144, and liabilities were $186,539,895,593. I don’t know about you, but I had to read those numbers three times just to make sure I didn’t pass out. Meanwhile, their private investments are worth $20 billion, because why not throw some money into AI, energy, and agriculture while you’re at it?

CEO Paolo Ardoino said this growth is all thanks to structural changes outside traditional banking. Translation: “We’re the cool kids now, and banks are so last decade.” Also, apparently there’s a lot of dollar demand in places with fragmented financial systems. Who knew?

Looking ahead to 2026, Tether’s got more reserves than a survivalist’s bunker. Plus, they’re launching USAT, a regulated stablecoin for U.S. institutions. Because one stablecoin isn’t enough, apparently. Thanks to their risk management, they’re basically the financial backbone of the digital world. No pressure.

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2026-01-31 09:52