Tether Surpasses $157B in Circulation, Posts $4.9B Q2 Profit Amid Soaring Global Demand

01-Aug-2025 Crypto News Australia

Tether recorded a US$4.9 billion profit in Q2 2025, contributing to US$5.7 billion in the first half, and disclosed US$127 billion in US Treasury holdings.
CEO Paolo Ardoino hinted at a new US-focused venture to launch soon, aiming to build a “best-in-class product suite” for the highly efficient American market.
Tether maintains its 61.7% market share with a US$164.5 billion market cap, even as competitors like Circle see significant growth.

Tether booked a record US$4.9B (AU$7.6B) profit in the second quarter, with CEO Paolo Ardoino hinting at a new US-focused venture set to roll out in the coming months.

On X, Ardoino said the stablecoin issuer aims to build a “best‑in‑class product suite” tailored specifically for the US market.

USDt growth is accelerating, leading the market with a 100B delta with the second largest stablecoin. In the upcoming quarter Tether will focus on a new venture in the U.S, to build a best-in-class product suite (stablecoins plus more), designed for the specific, already highly efficient, market.

Paolo Ardoino, CEO of Tether.

An attestation released Thursday shows Tether generated US$5.7B (AU$8.87B) in profit in the first half of 2025, up 9.6 % from the same period last year. The company also disclosed US$127B (AU$197B) in exposure to US Treasuries, placing it among the largest holders of U.S. government debt.

For comparison, Saudi Arabia held roughly the same amount in Treasury securities as of May, according to US Treasury Department data.

Related: Strategy Adds 21,021 Bitcoin Through Historic $2.5bn Perpetual Preferred Stock IPO

A Stablecoin Giant

Tether remains firmly in control of the stablecoin market, holding a 61,7 % share with a market cap of US$164.5B (AU$255B), according to CoinGecko.

Tether posted US$5.7B (AU$8.85B) in profit for the first half of 2025, up 9,6 % from US$5.2B (AU$8.07) in the same period last year. The company noted its Treasury position comes as US lawmakers, via the GENIUS Act, move to reinforce the dollar’s dominance in digital form.

Rivals are also advancing. Circle, issuer of USDC, went public in June at US$31 (AU$48) a share; the stock has since rocketed to US$186 (AU$289).

Even PayPal unveiled a new crypto checkout system for US merchants, accepting PYUSD and over 90 cryptocurrencies.

Related: Tornado Cash Developer Roman Storm Declines to Testify as Defense Rests in US$1B Laundering Trial

The post Tether Surpasses $157B in Circulation, Posts $4.9B Q2 Profit Amid Soaring Global Demand appeared first on Crypto News Australia.

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