The company noted that over $13.4 billion in USDT was issued during the second quarter alone, reflecting strong demand for the dollar-pegged token across global markets.
Tether emphasized that its reserve assets fully back all tokens in circulation.
As of the end of Q2 2025, the company’s exposure to US Treasuries stood at more than $127 billion. This includes $105.5 billion in direct Treasury holdings and $21.3 billion held indirectly, an $8 billion increase from the previous quarter.
With this level of exposure, Tether remains among the largest non-sovereign holders of US government debt.
“Q2 2025 affirms what markets have been telling us all year: trust in Tether is accelerating. With over $127 billion in U.S. 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.”
Tether reported a net profit of approximately $4.9 billion for Q2 2025, bringing its year-to-date total to $5.7 billion.
Meanwhile, Tether stated that its shareholder capital remains steady at $5.47 billion. This equity cushions against unexpected market shocks and highlights Tether’s commitment to financial resilience.
As a result, the stablecoin firm has begun directing a significant portion of its profits toward long-term initiatives.
Over the past six months, the company has invested heavily in infrastructure projects, with the US emerging as a key market.
Despite its financial strength, the company faces two unresolved legal cases in New York.
In both cases, Tether International is named as a defendant, but the firm’s management says potential outcomes cannot yet be reliably assessed.
As such, no provisions have been made in its financials for these litigations.
