<h2>Tether's Q3 2025 Attestation Reveals Over $10 Billion Net Profit</h2>
Tether International, the issuer of the world's leading stablecoin <b>USD₮ (USDT)</b>, has reported a monumental year-to-date <b>net profit exceeding $10 billion</b> for the first nine months of 2025, according to its latest unaudited attestation report prepared by BDO. This stellar performance, with an estimated <b>$4.3 billion</b> earned in the third quarter alone, solidifies Tether's position as one of the most profitable private companies globally, rivaling the earnings of major Wall Street banks.
<h2>Record Reserves and Financial Strength</h2>
<img class="alignright size-full wp-image-260375" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2025/11/tether-screenshot.jpg" alt="tether screenshot" width="605" height="434" />

The Q3 2025 report highlights a significant expansion of Tether's financial buffer. The company's total <b>reserve assets reached $181.2 billion</b>, surpassing its liabilities of $174.4 billion and resulting in <b>$6.8 billion in excess reserves</b>. This substantial buffer provides crucial backing for the circulating USDT supply.

A major driver of this profitability is the strategic increase in its reserve assets, particularly <b>U.S. Treasury bonds</b>. Tether’s direct and indirect exposure to U.S. Treasuries surged to an unprecedented <b>$135 billion</b>, a holding volume that places the company as the <b>17th largest global holder</b> of U.S. government debt, ahead of several nation-states. Diversification also includes substantial holdings of <b>gold</b> ($12.9 billion) and <b>Bitcoin</b> ($9.9 billion).
<h3>Expansion and Market Dominance</h3>
The stablecoin's market dominance continued its growth trajectory, with over <b>$17 billion</b> in new USDT issued during Q3, pushing the total circulating supply to over <b>$174 billion</b> as of September 30, 2025. Tether's CEO, Paolo Ardoino, remarked:

"USDT has become the biggest financial inclusion success story in the history of humanity, with more than 500 million users across the emerging markets and developing countries."

In addition to its core <a href="https://www.cryptoknowmics.com/news/tethers-usdt-stablecoin-surpasses-500-million-users-amid-global-adoption-surge/">stablecoin</a> operations, Tether is actively pursuing initiatives in areas like <b>artificial intelligence (AI)</b> and <b>renewable energy</b>, further diversifying its corporate strategy.
<h3>Key Performance Metrics</h3>

Tether's Q3 2025 Attestation Reveals Over $10 Billion Net Profit

Tether's Q3 2025 attestation reveals $10B+ net profit, $6.8B in excess reserves, and $135B in U.S. Treasury holdings.

Tether's Q3 2025 Attestation Reveals Over $10 Billion Net Profit

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