Tether, the largest stablecoin issuer, has reported record profits for Q2 2025, highlighting successful asset management and rising issuance volumes.
Tether's Profit and Its Sources
In Q2 2025, Tether achieved a record net profit of $4.9 billion. This result is supported by the company’s latest attestation report, verified by leading global accounting firm BDO. During this quarter, Tether issued over $13.4 billion in USDT, bringing the total issuance year-to-date to $20 billion.
Tether's Asset and Liability Metrics
As of June 30, 2025, Tether reported total assets of over $162 billion, with liabilities at approximately $157.1 billion. Shareholder capital remains stable at around $5.47 billion, providing a solid financial foundation for investors.
Company Plans and Market Trends
Tether has also reinvested a significant portion of its profits into strategic initiatives, focusing on infrastructure, fintech, and digital freedom technologies. Following the signing of the GENIUS Act by President Donald Trump this month, Tether's CEO announced plans for fully expanding operations within the U.S. The stablecoin market primarily consists of tokens linked to the U.S. dollar, with USDT and Circle’s USDC making up 87% of the total.
Tether's record profit, backed by U.S. Treasury assets, reflects growing trust in the company and its plans for expansion into the U.S. market, which may impact the stability of stablecoins.
