While Tether is already known for generating significant profits thanks to its USDT stablecoin, it has demonstrated this once again with $10 billion in profits since the beginning of the year. Let’s take a closer look at these impressive figures.
Tether posts record profits for the first three quarters of 2025
On Friday, Tether released some financial figures for the third quarter, in which the company reported that it had made more than $10 billion in profits since the beginning of the year:
At the end of the third quarter of 2025, cumulative net profit since the beginning of the year exceeded $10 billion. This result confirms Tether’s position among the most profitable and financially sound private companies. At the same time, the company continues to invest in the development of its digital currency ecosystem, which now has more than 500 million users worldwide.
Of course, most of these profits are attributable to the USDT stablecoin, which has a market capitalization of more than $183 billion at the time of writing.
With $135 billion in US bonds as of September 30, Tether was the 17th largest holder of Treasury bonds in the world.
For his part, Paolo Ardoino, CEO of Tether, sees the company he leads as a “pillar of stability”:
Tether is a pillar of stability in the financial and technological ecosystem. Our consistent growth and rigor demonstrate that Tether not only meets global demand, but also helps to strengthen confidence in the broader digital economy.
According to the latest report from accounting firm BDO, the company now holds $181.22 billion in assets, and it is interesting to note that precious metals now account for $12.92 billion of this total:
Earlier this year, we looked back at the financial empire that Tether is building. This covers many areas outside of stablecoins, ranging from artificial intelligence to sports, social media, and even agriculture.
With such profitability, there is no doubt that the “other investments” line is set to grow over the next few years, which could enable the company to increasingly decouple its revenues from interest on US bonds, the profitability of which is subject to the monetary policy of the US Federal Reserve (Fed).
