Tether Reports $10B Profit, Reveals $22.8B Gold and BTC Reserves

Tether has reported over $10 billion in net profit for the first nine months of 2025 and revealed $22.8 billion in combined gold and Bitcoin reserves, solidifying its position as a major U.S. Treasuries and digital assets holder.

This announcement underscores Tether’s robust financial standing, enhancing market confidence and reflecting its influential role within the cryptocurrency landscape.

Tether International S.A. de C.V. has disclosed a significant profit and substantial reserves. These include $135 billion in U.S. Treasuries, $9.9 billion in Bitcoin, and $12.9 billion in gold, as affirmed by BDO’s attestation.

“At the end of Q3 2025, Tether’s assets backing USD₮ included $135 billion in US Treasuries, $9.9B bitcoin, $12.9B gold, and a $6.8B buffer.” – Tether Official Website

Led by CEO Jean-Louis van der Velde and CTO Paolo Ardoino, Tether has issued $17 billion in new USDT during Q3 2025, a key factor in its circulating supply growth. This reinforces its market dominance and enhances liquidity.

The increase in USDT circulation strengthens Tether’s impact on the crypto ecosystem, influencing major DeFi protocols and centralized exchanges. Tether is critical for liquidity, supporting BTC and ETH liquidity pools and stablecoin trading pairs. Read more

These changes bolster Tether’s institutional reputation as it seeks new funding and applies for investment licenses. More transparency may result from ongoing audits by BDO, improving Tether’s institutional trust.

Potential financial outcomes include further growth in USDT’s use, influencing cryptocurrency trading and liquidity. Tether’s mission and strategic reserve composition and transparency efforts mirror past moves by stablecoin competitors, enhancing trust and market engagement.