The third quarter of 2025 marked a significant milestone for the firm, with over $17 billion in new USDT issued—one of the company’s strongest performances to date. This surge has increased the total circulating supply of USDT to over $174 billion.
As of September 30, 2025, the company reported that the reserves backing Tether tokens in circulation amounted to approximately $181.2 billion, while liabilities totaled about $174.4 billion. This indicates that the value of assets supporting Tether exceeds its liabilities by approximately $6.8 billion.
These results reflect the continued trust and strength behind Tether, even amid a challenging global macroeconomic environment. They reinforce Tether’s brand as the ‘Stable Company.’
The largest volumes of assistance were documented in the United States, where $83 million was frozen across 37 cases, followed by assistance in countries such as Spain, Germany, and Brazil, among others.
Ardoino emphasized the firms dedication to preserving the integrity of the financial system, stating, “Reaching the $300 million milestone demonstrates the real-world impact of blockchain technology in combating financial crime.”
He reiterated the company’s commitment to collaborating with more than 280 law enforcement agencies worldwide, aiming to monitor transactions and disrupt criminal activity effectively.
Featured image from DALL-E, chart from TradingView.com