Tether reports $10B net profit as reserves swell with Bitcoin and gold

Tether International, the issuer of USDT, has released an attestation report that shows that it made a record-breaking net profit of more than $10 billion for the first nine months of ￰0￱ attestation report prepared by independent accounting firm BDO confirms the accuracy of Tether’s Financial Figures and Reserves Report (FFRR) and also highlights Tether’s expanding financial footprint and position as one of the most profitable privately controlled companies in the ￰1￱ profits in Q3 reports According to the report , reserves for Tether tokens stood at $181.2 billion as of the end of the third quarter of 2025, while its liabilities were $174.4 ￰2￱ resulting $6.8 billion in excess reserves provides what the company describes as a “strong buffer” for USDT, which is the world’s largest stablecoin by market capitalization.

Tether’s direct and indirect exposure to ￰3￱ debt reached an all-time high of about $135 billion, as the firm catapulted ahead of countries such as South Korea to become the 17th largest holder of Treasuries ￰4￱ its press release, Paolo Ardoino, Tether’s chief executive, stated, “Q3 2025 results reflect the continued trust and strength behind Tether, even amid a global challenging macroeconomic environment, reinforcing Tether’s brand as the ‘Stable Company’,” He added that the company’s record exposure to ￰5￱ and its disciplined growth “position Tether as a pillar of stability in the financial and tech ecosystem.” Tether diversifies reserves with BTC, gold Tether reportedly held $12.9 billion in gold and $9.9 billion in Bitcoin, both of which represent roughly 13% of total ￰6￱ company also issued a record number of new USDT tokens worth over $17 billion in the third quarter alone, and this brought the total circulating supply to more than $174 ￰7￱ stated that it now serves over 500 million users ￰8￱ growing user base and issuance figures further entrench USDT’s dominance over other stablecoins such as USDC and USDe, among others, consolidating Tether’s role as the leading digital dollar of the crypto ￰9￱ October, Tether completed a settlement with bankrupt crypto lender Celsius Network using its proprietary investment capital, without affecting reserves backing issued tokens, which have since surpassed $183 billion in ￰10￱ has also launched a share buyback initiative, signaling a new phase in corporate structuring aimed at attracting institutional investors through a private ￰11￱ Holdings, the group’s parent entity, has applied for an Investment Fund License in El Salvador under the country’s new Private Alternative Investment Fund ￰12￱ also has other investments in artificial intelligence, renewable energy, and communications infrastructure through its subsidiaries Tether Holdings and Tether Investments, and they are not included in the reserves backing ￰13￱ your free seat in an exclusive crypto trading community - limited to 1,000 members.