Bitcoin News Today: Tether Q2 Net Profit Surges 45 to 4.9 Billion From Bitcoin and Gold Gains

Tether, the issuer of the world’s largest stablecoin by market capitalization, USDT, reported a net profit of approximately $4.9 billion in the second quarter of 2025. The figure was disclosed in an attestation report by BDO and reflects the company’s expanding asset base and strategic investment choices [1]. Of this amount, $3 billion was derived from core operations, while $2.6 billion came from gains in Bitcoin and gold positions [1]. Over the first half of the year, Tether’s total earnings reached $5.7 billion, underscoring the profitability and financial resilience of its operations [1].

The circulating supply of USDT rose to over $157 billion in Q2, an increase of $13 billion from the previous quarter and $20 billion year-to-date [1]. Tether’s total assets exceeded $162 billion, with liabilities matching the stablecoin’s supply at approximately $157 billion. This balance highlights the company’s ability to maintain a liquid and well-capitalized reserve structure amid growing demand for USDT [1].

A key component of Tether’s financial strategy involves U.S. Treasury holdings, which reached $127 billion by June 30, 2025. Of this, $105 billion was held directly, and $21 billion was held indirectly through channels such as money market funds [2]. This represents an $8 billion increase in Treasury exposure compared to the first quarter of the year [1]. The firm’s equity capital also remained steady at $5.5 billion, reinforcing the stability of its balance sheet [2].

The financial performance of Tether underscores the evolving role of stablecoins in the global financial system. With strong returns from digital assets and growing exposure to government-backed securities, the company has demonstrated a shift toward more diversified and transparent asset management [2]. Analysts have pointed to Tether’s increasing reserves and profitability as signs of improved risk management and operational transparency [3]. These developments may serve as a benchmark for other stablecoin issuers navigating regulatory and market uncertainties [2].

As the cryptocurrency market continues to mature, Tether’s success highlights the potential for stablecoins to serve as both a stable reserve and a source of diversified returns. The company’s ability to generate substantial profits while maintaining a balanced reserve structure underscores its position as a leading force in the fintech ecosystem [1].

Sources:

[1] Tether posts $4.9B in net profit in Q2 as Bitcoin and gold fuel gains (https://cryptobriefing.com/tether-bitcoin-gains-q2-2025/)

[2] Tether Posts $4.9 Billion Profit Backed by Strong Reserve Strategy (https://coincentral.com/tether-posts-4-9-billion-profit-backed-by-strong-reserve-strategy/)

[3] Tether Q2 2025 Profit Surges 45% to $4.9 Billion With $127 (https://www.ainvest.com/news/tether-q2-2025-profit-surges-45-4-9-billion-127-billion-treasury-holdings-2508/)