Tether has done it again. The company behind the world’s largest stablecoin just published its Q3 2025 attestation report, confirming over $10 billion in profit for the year so far, and record exposure to U.S. Treasuries. Tether now holds $135 billion in Treasuries, making it the 17th largest holder globally. Its flagship token, USD₮, has also crossed a massive milestone, with $174 billion in circulation as of September 30. With $181.2 billion in total reserves and $6.8 billion in excess reserves, Tether is not just maintaining its lead in the stablecoin market, it’s extending it. Tether Attestation Reports Q1-Q3 2025 Profit Surpassing $10B, Record Levels in U.S. Treasuries Exposure, Accelerating USD₮ Supply Amidst World’s Macroeconomic Uncertainty Learn more: https://t.co/EH8ltqri27 — Tether (@Tether_to) October 31, 2025 A Record-Breaking Year The numbers speak for themselves. Tether’s Q3 report shows one of the most profitable stretches in its history. In just the first three quarters of 2025, the company generated more than $10 billion in profit, a figure that surpasses many traditional financial institutions. That performance is driven by Tether’s heavy exposure to U.S. Treasuries. The company’s $135 billion Treasury position now ranks it above major economies and sovereign funds in holdings. The majority of its reserves are short-term, liquid assets, a structure that provides both safety and strong returns. For a company with roughly 150 employees worldwide, the scale of these results is remarkable. USD₮ Supply Continues to Surge Tether’s attestation also shows a strong increase in USD₮ supply during Q3 2025. The total circulation jumped by $17 billion over the quarter, ending at 174.4 billion USD₮. That growth mirrors rising demand in global markets, where users continue to turn to stablecoins as a hedge against inflation and economic volatility. In emerging markets especially, USD₮ has become a lifeline. Today, Tether estimates over 500 million people use USD₮ worldwide, from freelancers in Asia to merchants in Africa and Latin America. It’s not just another crypto token. For many, it’s their most reliable form of digital money. $181B in Reserves, $6.8B in Cushion Tether’s balance sheet remains one of the strongest in the industry. The company reported $181.2 billion in total assets, fully backing every USD₮ in circulation. On top of that, an additional $6.8 billion in excess reserves provides an extra safety layer, funds that go beyond the 100% liquid backing required. That surplus acts as a financial buffer, reinforcing market confidence. It’s also part of why USD₮ has remained stable through every market cycle, from bull runs to liquidity crunches. Transparency remains central to Tether’s operations. Each quarter, attestation reports confirm the composition of reserves and verify that every token is supported by equivalent assets. The 17th Largest Holder of U.S. Treasuries Perhaps the most striking number in the Q3 report is Tether’s $135 billion exposure to U.S. Treasuries. That figure officially makes Tether the 17th largest holder of U.S. government debt, larger than most central banks. This exposure has effectively tied Tether’s financial health to one of the most secure markets in the world. The interest generated from these holdings has become a key driver of the company’s profits. Tether’s Treasury-heavy portfolio shows how closely traditional and digital finance have become intertwined. The stablecoin market is now a major participant in global liquidity flows, and Tether sits at the center of that shift. Tether just released its quarterly attestation for Q3 2025. USDT has become the biggest financial inclusion success story in the history of humanity, with more than 500 million users across the emerging markets and developing countries. Highlights as of 30 September 2025: *… https://t.co/XVYeVq1u64 pic.twitter.com/nZ2V1EKZ3x — Paolo Ardoino (@paoloardoino) October 31, 2025 From Stablecoin to Global Financial Power For years, Tether has been viewed mainly as a stablecoin issuer. But 2025 marks the year that changed. With its growing profits and diversification plans, Tether is evolving into a full-fledged financial ecosystem. The company is already expanding into artificial intelligence, renewable energy, and P2P technology. These moves signal a broader vision, one that goes beyond crypto trading and into real-world infrastructure. By investing in AI and energy projects, Tether aims to support innovation and sustainability, while reducing reliance on traditional financial systems. It’s a long-term strategy that blends finance, technology, and global access. The World’s Digital Dollar The scale of USD₮’s adoption is unprecedented. In developing regions, where banking infrastructure often fails to meet demand, USD₮ fills the gap. It gives users access to digital dollars without needing a traditional bank account. From local traders in Nigeria to startups in Argentina, USD₮ enables stable transactions, remittances, and savings in markets hit by inflation or currency controls. This widespread use has made Tether a cornerstone of global financial inclusion. The company calls it “the biggest financial inclusion success story in history.” Numbers That Define 2025 Tether’s attestation lays out the picture clearly: $174.4B USD₮ issued as of Q3 2025 $181.2B in total assets and reserves $6.8B+ in excess reserves $135B+ in U.S. Treasuries $10B+ in profit across Q1–Q3 $17B USDT supply increase in Q3 alone These metrics don’t just show growth, they show dominance. The Most Profitable Company in Crypto The biggest surprise for many? The most profitable company in crypto isn’t an exchange, it’s Tether. With $10 billion in profit year-to-date, Tether has outperformed nearly every major crypto firm, including top trading platforms. Its business model, simple, transparent, and backed by liquid reserves, continues to generate consistent returns. Its ability to manage such vast holdings while maintaining full liquidity makes it one of the most efficient financial operations in the industry. With profit soaring, reserves expanding, and new investments underway, Tether is shaping itself into more than a stablecoin company. It’s becoming a global financial powerhouse, one that merges traditional stability with digital efficiency. The company’s focus on AI and renewable energy shows its intent to influence the future beyond crypto markets. Its USD₮ token continues to anchor the digital economy, while its profits and investments expand its role across sectors. As the world faces ongoing macroeconomic uncertainty, demand for stability is rising. And for hundreds of millions of users, that stability comes in one form, USD₮. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !