Tether reports $10B profit in 2025 as USDT circulation surges past $186B
Tether, the world’s largest stablecoin issuer, reported more than $10 billion in net profit for 2025 as USDT circulation climbed above $186 billion by year’s end, according to its Q4 2025 attestation report. Total reserves rose to nearly $193 billion, continuing to exceed liabilities, with excess reserves reaching $6.3 billion. Nearly $50 billion in new…
