Tether Posts $10B Profit & $6.8B Buffer as USDT Tops $174B

Published: 2025-11-01 14:24:10 |

Tether reported a $9.8 billion net profit in the first nine months of 2025, according to a BDO audit. By Q3, the issuer’s reserves reached $181.2 billion against $174.4 billion in liabilities, creating a $6.8 billion liquidity buffer. During the quarter, USDT supply rose by $17 billion to $174 billion. The company holds $135 billion in U.S. Treasuries, $12.9 billion in gold and $9.9 billion in Bitcoin. Tether also maintains a $30 billion corporate portfolio focused on tech and AI. Strategic moves include resolving the Celsius lawsuit, applying for an investment fund license in El Salvador and launching a share buyback for existing investors. Tether plans to end USDT support on five blockchains. CEO Paolo Ardoino reaffirmed a $15 billion profit target for 2025. With stablecoin competition intensifying and regulatory scrutiny mounting, these results reinforce Tether’s market dominance and underscore the importance of transparency in global crypto finance.

Neutral

While Tether’s robust profit and $6.8 billion liquidity buffer bolster confidence in USDT’s peg, the stablecoin’s price remains anchored at $1. Traders are unlikely to adjust positions based on these results. The strong reserves may support market stability, but no direct price movement is expected for USDT in the short or long term.