USDT’s Unstoppable Ascent: How Tether’s $10B Profit in 2025 Signals a New Era of Global Finance

In a landmark financial disclosure for 2025, Tether, the issuer of the world's dominant stablecoin USDT, has reported a staggering annual profit of over $10 billion. This record-breaking figure, verified by the international accounting firm BDO, underscores Tether's transformation from a controversial digital asset into a fundamental pillar of the global monetary system. The company's year-end attestation reveals that the circulating supply of USD₮ (USDT) surged to an unprecedented $186.5 billion, marking a monumental increase of approximately $50 billion within a single year. Notably, the second half of 2025 saw an explosive acceleration, with $30 billion in new USDT minted to satisfy surging demand. This growth is not merely quantitative; it represents a profound "fundamental shift" in global finance, as articulated by the company. The primary driver of this unprecedented expansion is identified as explosive adoption in emerging markets, where populations are increasingly turning to USDT as a stable store of value, a medium for remittances, and a gateway to digital finance, often in regions with volatile local currencies or underdeveloped banking infrastructure. Tether's colossal profit, derived primarily from interest on its reserves of U.S. Treasury bills and other high-quality assets, fuels its operational strength and allows for further investment in technology and compliance. This financial performance cements its position as a cornerstone of global liquidity, providing the essential on-ramps and off-ramps for the entire cryptocurrency ecosystem. The 2025 report solidifies the narrative that stablecoins, led by USDT, are no longer a niche crypto product but are becoming integral to the architecture of international finance, offering efficiency, accessibility, and stability on a scale that traditional systems struggle to match. As of early 2026, Tether's dominance appears unshaken, setting the stage for continued influence over the trajectory of both digital and traditional finance.

Tether Posts Record $10B Profit in 2025 as Stablecoin Demand Soars

Tether's Q4 2025 attestation reveals the stablecoin giant generated over $10 billion in annual profit, cementing its position as a cornerstone of global liquidity. Verified by accounting firm BDO, the report shows USD₮ circulation surged to $186.5 billion—a $50 billion annual increase—with $30 billion minted in H2 alone to meet explosive demand in emerging markets.

"We're witnessing a fundamental shift where users globally are choosing digital dollars over fragmented banking systems," said CEO Paolo Ardoino. The company now holds one of the world's largest private portfolios of U.S. Treasuries, underscoring its role as a shadow liquidity provider to the global financial system.

Tether Reports $10B Profit Despite 23% Earnings Decline in 2025

Tether's latest attestation reveals a resilient financial position despite a 23% drop in earnings for 2025. The stablecoin giant posted $10 billion in profit, backed by $192.87 billion in total assets against $186.54 billion in liabilities. Excess reserves stand at $6.3 billion, maintaining the industry's largest cash cushion.

USD₮ issuance surged to nearly $50 billion—the second-highest annual figure in company history—with $30 billion minted in the second half alone. Circulating supply now exceeds $186 billion as 530 million global users, including emerging market traders and payment providers, increasingly adopt the digital dollar for its liquidity and speed.

Reserves remain robust at $193 billion, exclusively comprising liquid assets. CEO Paolo Ardoino emphasized structural growth over scale: "USD₮ expanded because global demand for dollar liquidity transcends traditional banking limitations."

US Court Sentences Chinese National to Nearly 4 Years for $37M Crypto Fraud

A Chinese national, Jingliang Su, has been sentenced to 46 months in federal prison for laundering over $36.9 million stolen from American victims through a sophisticated crypto investment scam. The scheme, operated from Cambodia, involved fake trading platforms and romance scams to defraud 174 U.S. victims.

Su, who pleaded guilty to conspiracy to operate an illegal money transmitting business, was also ordered to pay $26.8 million in restitution. The funds were converted into USDT, highlighting the growing use of stablecoins in illicit activities.

The Justice Department's crackdown on international scam centers continues, with this case marking another victory. Fraudsters used social media, dating apps, and spoofed trading sites to lure victims, underscoring the need for heightened vigilance in crypto investments.