Tether’s Staggering Q2: $4.9B Net Profit Skyrockets Total Earnings to $5.7B
Tether just dropped a financial bomb—the kind that makes traditional bankers clutch their pearls. The stablecoin behemoth raked in a jaw-dropping $4.9 billion in net profit last quarter alone. That’s not a typo.
Total earnings? A cool $5.7 billion. Let that sink in while your local bank offers 0.1% APY on savings accounts.
How’d they do it? By printing money—digitally, of course—while the Fed still uses paper. Tether’s balance sheet now looks like a Wall Street fever dream, and crypto skeptics are scrambling for explanations.
One thing’s clear: in the race for financial dominance, Tether isn’t just winning—it’s lapping the competition. And banks? They’re still charging $35 for overdrafts.
Tether Achieves $5.7 Billion In Earnings For H1 2025
According to the report, this surge in profitability comes amid the issuance of over $13.4 billion in new USDT, boosting the total circulating supply to more than $157 billion—a remarkable $20 billion increase since the beginning of the year.
At the end of Q2 2025, Tether’s exposure to US Treasuries reached $127 billion, comprising $105.5 billion in direct holdings and an additional $21.3 billion in indirect investments.
The company’s shareholder capital remained stable at approximately $5.47 billion, reinforcing Tether’s strong solvency profile and ensuring long-term sustainability.
For the first half of 2025, Tether reported total earnings of $5.7 billion, with $3.1 billion coming from recurrent profits alone. Excluding mark-to-market contributions from investments in gold and Bitcoin (BTC), which added another $2.6 billion, this performance emphasizes Tether’s operational strength and revenue consistency.
CEO Paolo Ardoino’s Highlights
Building on its financial foundation, Tether revealed that it has reinvested a significant portion of its profits into long-term initiatives.
Over the past six months, the company has allocated more capital toward these efforts than in prior periods, demonstrating its commitment to foundational infrastructure.
Among its key initiatives are investments in XXI Capital and a partnership with Rumble, which includes the development of the Rumble Wallet.
The firm also unveiled that SDT continues to facilitate commerce, remittances, and innovation across more than 150 countries, particularly in regions where traditional banking services are limited or unreliable.
As of June 30, 2025, Tether reported total assets of approximately $162.6 billion against total liabilities of about $157.1 billion, with nearly all liabilities relating to the digital tokens issued. Importantly, the company’s assets exceed its liabilities, providing a reassuring financial outlook.
Additionally, proprietary investments in emerging sectors such as artificial intelligence (AI), renewable energy, and communications infrastructure are not included in the reserves backing issued tokens, indicating further growth potential.
Paolo Ardoino, CEO of Tether, emphasized the company’s achievements, stating, “Q2 2025 affirms what markets have been telling us all year: trust in Tether is accelerating. With over $127 billion in US Treasury exposure, robust bitcoin and gold reserves, and over $20 billion in new USDT issued, we’re not just keeping pace with global demand, we’re shaping it.”
He added, “As regulators formalize frameworks for digital dollars, Tether stands as a live, proven model of what stablecoin innovation can achieve: transparency, resilience, and massive global reach. USDT is helping billions access the stability of the US dollar, and that mission has never been more urgent or relevant.”
Featured image from DALL-E, chart from TradingView.com