Massive earnings for this private company has investors shook

Tether, the issuer of the USDT stablecoin, has posted a net profit of $4.9 billion in the second quarter of 2025. 

The crypto firm disclosed that between March and June this year, its reserves held over $162.5 billion against $157.1 billion in liabilities. The company had appointed accounting firm BDO to attest its revenue numbers.

The company, in an official blog post, claimed that it is now among the largest holders of U.S. government debt globally.

"Total exposure to U.S. Treasuries – including $105.5 billion in direct holdings and $21.3 billion owned indirectly – exceeded $127 billion (~$8 billion increase compared to Q1 2025) at the end of Q2 2025," the USDT issuer noted.

The crypto landscape in the U.S. has significantly improved under President Donald Trump's administration. Similarly, regions like the EU and the UAE have also deployed effective crypto-related regulations, allowing the sector to grow under government oversight. This supportive shift in crypto-related reflects clearly in Tether's expanding profit margin.

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In the fourth quarter of 2024 that ended in December, Tether's treasury held $143.7 billion against liabilities worth $136.6 billion, a data chart by BDO showed.

At present, the shareholder capital under Tether's management stands at roughly $5.47 billion.

"Net profit for Q2 2025 totalled approximately $4.9 billion, bringing the total for the first six months of the year to $5.7 billion," the El Salvador-headquartered company said. "Year-to-date, TIL generated $3.1 billion in recurrent profits, excluding mark-to-market contributions from gold and bitcoin, which added another $2.6 billion."

LATEST: Tether reports $5.7B in net profit for the first half of 2025 - including $2.6B from $BTC & gold gains.#Tether #Bitcoin #Gold #Markets #CryptoNews pic.twitter.com/f4PvmqTVSF

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