Stablecoin Giant Tether Reports an Extraordinary Profit: Here Are the Numbers

Tether, the world's largest stablecoin issuer, announced that it issued an additional $17 billion worth of USDT in the third quarter of ￰0￱ to the El Salvador-based company's latest audit report, its annual profit surpassed $10 ￰1￱ Tether didn't disclose its third-quarter net income, it did report a $5.7 billion profit in the first half of the ￰2￱ on this data, the company is estimated to have made at least $4.3 billion in Q3 profit. “The third-quarter 2025 results demonstrate the continued confidence in Tether and the company’s strength despite challenging global macroeconomic conditions,” Tether CEO Paolo Ardoino said in a ￰3￱ Tether isn't a publicly traded company, it doesn't publish standard quarterly earnings reports.

Instead, it provides audit documents prepared by independent auditing firm BDO. Previously, the company typically detailed its earnings by ￰4￱ company's total exposure to ￰5￱ bonds has reached $135 ￰6￱ also has a portfolio of approximately $13 billion in precious metals and $10 billion in Bitcoin. Tether, which continues to lead among US dollar-indexed stablecoins, also came to the fore with a JPMorgan report stating that its rival Circle's USDC token is growing faster in terms of on-chain activity and market value. *This is not investment ￰7￱ Reading: Stablecoin Giant Tether Reports an Extraordinary Profit: Here Are the Numbers