Tether Attestation released its financial report for the first three quarters of 2025. As of the end of the third quarter of 2025, the company's year-to-date net profit exceeded $10 billion. As of September 30, 2025, Tether has over 500 million users worldwide and holds $6.8 billion in excess reserves as a financial buffer. New USDT issuance this year exceeded $17 billion, bringing the total circulating supply to over $174 billion. Tether's total exposure to US Treasury bonds (direct and indirect) reached a record high of approximately $135 billion, making it one of the world's largest holders of US government debt, ranking 17th among countries, surpassing South Korea. In addition, Tether holds $12.9 billion in gold and $9.9 billion in Bitcoin reserves, representing approximately 13% of its total reserves. The financial report shows that the company's total liabilities are $174.445 billion, of which $174.357 billion are related to issued digital tokens. As of the end of the third quarter, Tether's assets exceeded its liabilities by $6.778 billion.
Tether's net profit since the beginning of the year has exceeded $10 billion.
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