Tether, the largest issuer of stablecoins in the world, has achieved profits exceeding 10 billion dollars since the beginning of 2025, after issuing an additional 17 billion dollars worth of USDT during the third quarter, reflecting strong demand for the "digital dollar".

According to report estimates, the company's profits exceeded 4 billion dollars in the third quarter alone, after achieving 5.7 billion dollars in the first half of the year. Data from BDO shows that Tether now holds assets worth 135 billion dollars in U.S. Treasury bonds, 13 billion dollars in precious metals, and 10 billion dollars in Bitcoin.

Although Circle's USDC is experiencing faster growth, Tether confirms that it has surpassed the 500 million user mark globally, reinforcing its position as the strongest player in the stablecoin market.$ETH