Tether’s 2025 Profits Surpass $10 Billion as Stablecoin Dominance Grows
Tether Holdings Limited, the issuer of USDT, has cemented its position as a financial powerhouse with net profits exceeding $13 billion in 2024—rivaling traditional giants like Goldman Sachs. The momentum continued into 2025, with Q2 earnings hitting $4.9 billion and year-to-date profits surpassing $10 billion by Q3. CEO Paolo Ardoino credits this unprecedented growth to surging global trust in USDT, now serving over 500 million users worldwide.
The company’s profitability stems largely from strategic investments of its reserve assets, particularly U.S. Treasuries, where Tether’s $135 billion exposure ranks it among the top sovereign holders globally. This treasury-backed model, combined with expanding cryptocurrency infrastructure, underscores stablecoins’ evolving role in bridging traditional finance and digital asset ecosystems.
