Tether Reports 277% Profit Growth in Q2 2025, Strengthens Market Position

Profit in the second quarter increased by 277% year-over-year compared to the same period in 2024. USDT’s market capitalization has reached $164.5 billion. Tether has become the 18th-largest holder of U.S. Treasury bonds. Tether reported a remarkable 277% increase in profit for the second quarter of 2025 compared to the same period last year, reaching $4.9 billion. This substantial growth was fueled by sustained demand for its stablecoin USDT and a strategic rise in investments in U.S. Treasury bonds. According to the company’s report, total revenue for the first half of 2025 reached $5.7 billion, marking a 9.6% increase from $5.2 billion during the same period in 2024. By the end of June, Tether’s assets stood at $162.6 billion, while its liabilities totaled $157.1 billion, largely linked to token issuance. Tether significantly boosted its holdings of U.S. Treasury bonds to $127 billion, overtaking South Korea to become the 18th largest holder of U.S. debt globally. This move underscores the company’s growing influence in traditional financial markets alongside its cryptocurrency operations. USDT continues to dominate the stablecoin market, accounting for 61.7% of the total market value with a capitalization of $164.5 billion. The company’s representatives highlighted this leadership as the U.S. government enacts policies aimed at reinforcing the dollar’s global dominance in digital form, as evidenced by the passing of the GENIUS Act in mid-2025. Competition in the stablecoin space is also intensifying. For example, Circle, the issuer of USDC stablecoin, completed a successful initial public offering (IPO) in June, with its share price climbing from $31 to $186.8 in under two months. Meanwhile, regulatory concerns persist in Europe over the absence of uniform stablecoin rules, which some experts argue is increasing reliance on the dollar. In response, several firms, including Deutsche Bank, Galaxy, and Flow Traders, have launched a euro-denominated stablecoin on the Ethereum blockchain. Tether’s latest financial results and strategic moves highlight its solidifying position in both the crypto market and broader financial ecosystem, while stablecoin regulation and innovation continue to evolve worldwide.

Source: Coinpaper