Stablecoin giant Tether on Friday posted a $10 billion profit for 2025, down from the previous year as the company quickly stocked up on assets.
The private firm, based out of the Salvadoran capital of San Salvador, posted a $13 billion profit for 2024.
Tether did not explain why its profits for last year were down but did say it had made a “shift toward highly liquid, low-risk assets” and that total reserves hit a high of $193 billion.
Tether Delivers $10B+ Profits in 2025, $6.3B in Excess Reserves, and Record $141 billion Exposure in U.S. Treasury Holdings
— Tether (@tether) January 30, 2026
Learn more: https://t.co/XG3vgSoVeV
Tether Delivers $10B+ Profits in 2025, $6.3B in Excess Reserves, and Record $141 billion Exposure in U.S. Treasury Holdings
— Tether (@tether) January 30, 2026
Learn more: https://t.co/XG3vgSoVeV
“USDT expanded because global demand for dollars is increasingly moving outside traditional banking rails, particularly in regions where financial systems are slow, fragmented, or inaccessible,” Tether CEO Paolo Ardoino said in a statement.
