Tether, the leading issuer of the stablecoin USDT, reported significant profit in Q2 2025 amid growing popularity of stablecoins and increasing regulatory clarity in the U.S.
Tether's Profit and Assets
Tether reported a profit of $4.9 billion for Q2 2025, marking a 277% increase compared to the same period last year. As of June 30, 2025, the company disclosed assets worth $162.6 billion and liabilities of $157.1 billion, most of which were related to token issuance.
Exposure to US Treasuries
In the current quarter, Tether expanded its exposure to U.S. Treasuries to $127 billion, surpassing South Korea to become the 18th largest holder of U.S. debt instruments. The company's notable position in this market reflects its activity amid increasing confidence in stablecoins.
Competition Among Stablecoins
Tether's competitors are also on the move. Circle, the creator of USDC, went public with shares that significantly rose on the first day of trading. Additionally, PayPal announced attractive yields on its stablecoin. These developments highlight the growing momentum and interest in the stablecoin segment.
The rising popularity of stablecoins and the activity of competitors demonstrate the significance of this category of digital currencies in modern financial markets. Tether, as one of the leaders, continues to grow its profits and assets, reaffirming its role in the digital economy.