TechFlow, October 31 — Tether's latest financial report for the third quarter of 2025 reveals that the company's year-to-date net profit has surpassed $10 billion, solidifying its position as one of the world's most profitable private companies. During the third quarter, over $17 billion in new USD₮ was issued, pushing the total circulation past $174 billion.
Tether's total exposure to U.S. Treasury bonds reached a record $135 billion, surpassing South Korea to become the 17th-largest holder of U.S. Treasuries globally. The company's gold and Bitcoin reserves stand at $12.9 billion and $9.9 billion respectively, accounting for approximately 13% of total reserves.
As of September 30, Tether held $6.8 billion in excess reserves, providing additional backing for its stablecoin.
