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Tether released its financial report for the first three quarters, with a net profit exceeding $10 billion year-to-date.
On October 31, Tether Attestatio released its financial report for the first three quarters of 2025. As of the end of the third quarter of 2025, the company's net profit has exceeded 10 billion USD year-to-date. As of September 30, 2025, Tether has over 500 million global users, with 6.8 billion USD in excess reserves as a financial buffer. This year, the issuance of new USDT has surpassed 17 billion USD, bringing the total circulating supply of USDT to over 174 billion USD. Tether's total exposure to US Treasury securities, both direct and indirect, has reached a historical high of approximately 135 billion USD, making it one of the largest holders of US government debt globally, ranking 17th among nations, ahead of South Korea. Additionally, Tether holds reserves in gold and Bitcoin amounting to 12.9 billion USD and 9.9 billion USD, respectively, accounting for about 13% of total reserves. The financial report indicates that the company's total liabilities amount to 174.445 billion USD, of which 174.357 billion USD are related to issued digital Tokens. As of the end of the third quarter, Tether's asset value exceeds its liabilities by 6.778 billion USD.