Tether made a huge profit of 4.9 billion USD in Q2! The USDT circulating supply exceeded 157 billion, and the exposure to US Treasury bonds reached 127 billion, showcasing the strength of stablecoins.

The world's largest stablecoin issuer Tether has announced a shocking financial report for the second quarter of 2025, with a net profit of up to 4.9 billion USD for the quarter! The total profit for the first half of the year reached 5.7 billion USD, of which 3.1 billion USD was core business profit. The circulating supply of USDT surged by 13.4 billion to over 157 billion USD, with exposure to U.S. Treasury bonds reaching 127 billion, and total assets exceeding 162.6 billion USD. CEO Paolo Ardoino emphasized transparency and risk resistance, and revealed strategic investments in fields such as AI and renewable energy.

Tether Q2 performance skyrockets: quarterly net profit of 4.9 billion, USDT Circulating Supply surpasses 157 billion

The issuer of the largest stablecoin USDT in the cryptocurrency market, Tether, has released a blockbuster financial report for the second quarter (Q2) of 2025, announcing an astonishing net profit of $4.9 billion! This impressive achievement is accompanied by over $13.4 billion in new USDT issuance, pushing its total Circulating Supply to surpass $157 billion, an increase of over $20 billion since the beginning of the year, further solidifying its dominance in the stablecoin market.

Financial Stability: US Debt Exposure of 127 Billion, Assets Exceed Liabilities by 5.5 Billion

The core data from the financial report reveals Tether's strong financial strength:

• Exposure to US Treasuries: As of the end of Q2, it reached 127 billion USD, including 105.5 billion directly held and 21.3 billion in indirect investments.
• Shareholder Capital: Stable at approximately $5.47 billion, ensuring long-term solvency.
• Assets and Liabilities: Total assets are approximately $162.6 billion, total liabilities are approximately $157.1 billion (almost all are issued tokens), assets exceed liabilities by $5.5 billion, indicating a healthy financial structure.
• Strategic Investment: The proprietary investment in emerging fields such as artificial intelligence (AI), renewable energy, and communication infrastructure is not included in the token reserves, indicating significant growth potential.

H1 Profit of 5.7 Billion USD: Core Business Strong, Contributions from BTC and Gold Reserves Significant

In the first half of 2025 (H1), Tether's total profit soared to 5.7 billion USD, achieving remarkable results:

• Core Business Profit: Up to 3.1 billion USD, reflecting the strong profitability of the stablecoin business model.
• BTC and Gold Reserve Returns: Bitcoin (BTC) contributed $2.6 billion to the market value returns of gold reserves, highlighting the success of a diversified reserve strategy.

Strategic Investment Enhancement: CEO Paolo Ardoino Explains Long-term Layout

Tether CEO Paolo Ardoino emphasized in the financial report that the company is investing most of its profits into long-term strategic projects, with investment efforts over the past six months far exceeding previous levels. Key initiatives include:

• Invest in XXI Capital
• Collaborate with Rumble to develop the Rumble wallet
• USDT continues to empower businesses, remittances, and innovations in over 150 countries worldwide, playing a key role especially in areas with weak traditional banking services.

Ardoino stated: "Q2 2025 confirms the market's judgment for the entire year: trust in Tether is accelerating. With $127 billion in U.S. Treasury exposure, solid BTC and gold reserves, and over $20 billion in new USDT issuance, we are not only meeting global demand but also leading it. As regulators establish a framework for the digital dollar, Tether has become a real-time, verified stablecoin innovation model: transparency, risk resistance, and extensive global coverage. USDT is helping hundreds of millions around the world achieve dollar stability, and this mission has never been so urgent and important." Stablecoin regulatory compliance and industry leadership are once again highlighted.

Conclusion: The Q2 financial report data released by Tether is nothing short of "nuclear-level", with a single-quarter profit scale of $4.9 billion and $5.7 billion over six months not only breaking industry records, but its $127 billion US Treasury exposure and $5.5 billion net asset surplus also convey a strong confidence signal to the market. The continuously growing USDT Circulating Supply (surpassing $157 billion) confirms its absolute dominance in the stablecoin market. Although the allocation to volatile assets like BTC and gold has brought considerable returns ($2.6 billion), the transparency of US Treasury reserves and excess asset coverage remain its core value propositions. With increased strategic investments in payment infrastructure (such as the Rumble wallet) and cutting-edge fields like AI and renewable energy, Tether is transforming from a single stablecoin issuer into a broader Web3 ecosystem builder. Against the backdrop of gradually implemented regulatory frameworks, this financial report undoubtedly provides the strongest endorsement for its stablecoin leader position. Investors should pay attention to changes in its reserve structure and the impact of strategic investment returns on long-term value.