Tether Holdings Ltd., issuer of the stablecoin USDT, has announced that its annual profits have exceeded $10 billion.
The company's latest attestation reveals that it issued an additional $17 billion in USDT in the third quarter of 2025, indicating massive demand.
Although quarterly figures are not specified, the information disclosed implies third-quarter profits of at least $4.3 billion, following $5.7 billion in profits in the first half of the year.
The company's financial strength is bolstered by its colossal portfolio of US Treasury bonds, valued at $135 billion, cementing its role as a major force in global finance.
Tether also reported significant holdings of nearly $13 billion in precious metals and $10 billion in Bitcoins.