BULLISH 📈 : Tether Breaks Records With $10B Profit And $186B USDT Circulation

Tether's Financial Performance and USDT Growth

  • Tether reported net profits exceeding $10 billion for 2025.
  • The stablecoin USDT reached approximately $186 billion in circulation, marking a new peak.

Balance Sheet and Reserves

  • Tether's balance sheet shows significant reserves, surpassing liabilities.
  • The firm holds substantial US Treasury assets, generating stable interest income.
  • Independent accountants at BDO confirmed Tether as a top digital asset earner.

Tether Balance Sheet

Diversification and Gold Purchases

  • Tether increased its gold holdings, purchasing about 27 tons in the last quarter.
  • Aims to maintain 10-15% of its portfolio in gold to diversify reserves.

Gold Holdings

Market Impact

  • The profit and USDT supply boost enhance trading liquidity in crypto markets.
  • Concerns persist about transparency and risk due to non-Treasury asset allocations.

Market Impact

User and Regulatory Implications

  • The increased USDT supply improves trading platforms' on-ramps.
  • Regulators demand clearer disclosures due to the scale of stablecoin holdings.

Tether's performance highlights the growing conversation about risk, disclosure, and asset backing in the crypto sector.