Tether Reports 2025 Financial Performance

Tether Reports 2025 Financial Performance

Tether's financial performance for 2025, including profits, USDT circulation, and treasury investments.
Key Points:
  • Tether’s net profits drop to $10 billion in 2025.
  • USDT circulation exceeds $186 billion with increased demand.
  • Treasury exposure rises to a record $141 billion.

Tether reports over $10 billion in net profits for 2025, marking a decline from last year’s $13 billion, with record U.S. Treasury reserves exceeding $141 billion, announced today.

The profit decline highlights Tether’s strategic move towards conservative assets, impacting global demand for USDT, which has reached over $186 billion in circulation.

Tether reported over $10 billion in net profits for 2025, reflecting a decrease from last year’s $13 billion. Despite lower profits, Tether’s total reserves reached a record high of approximately $193 billion.
The circulating supply of USDT exceeded $186 billion, driven by global demand. Paolo Ardoino, CEO of Tether, highlighted the shift towards non-traditional banking in emerging markets, stating:
“USDT expanded because global demand for dollars is increasingly moving outside traditional banking rails, particularly in regions where financial systems are slow, fragmented, or inaccessible.”
source. For more insights from Paolo Ardoino, visit his Twitter page.
Tether’s increased investments in U.S. Treasury securities, totaling $141 billion, mark a strategic shift into low-risk assets. Financial markets were affected as Tether boosts its asset quality through safe channels. These financial shifts aim to ensure USD₮’s reliability even during high demand. The report, audited by BDO, underscores Tether’s strategies for long-term stability.
While Tether’s net profits fell, the company maintained a focus on capital preservation by increasing holdings in gold and physical metals. No major regulatory reactions emerged from the report. The move towards conservative assets suggests a cautionary strategy in uncertain economic climates. Historical trends indicate a preference for stability over aggressive growth, affecting market confidence.