Tether's net profit has exceeded $10 billions since the beginning of the year.
Jinse Finance reported that 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 since the beginning of the year has exceeded $10 billions. As of September 30, 2025, Tether had more than 500 million global users and held $6.8 billions in excess reserves as a financial buffer. Over $17 billions worth of new USDT was issued this year, bringing the total USDT in circulation to over $174 billions. Tether's total exposure to U.S. Treasury bonds (both direct and indirect) reached a historic high of approximately $135 billions, making it one of the largest holders of U.S. government debt globally, ranking 17th among countries and surpassing South Korea. In addition, Tether holds gold and bitcoin reserves valued at $12.9 billions and $9.9 billions respectively, accounting for about 13% of total reserves. The financial report shows that the company's total liabilities amount to $174.445 billions, of which $174.357 billions are related to issued digital tokens. As of the end of the third quarter, Tether's assets exceeded its liabilities by $6.778 billions.
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