The latest financial insights from Tether, the leader in the stablecoin arena with USDT, reveal remarkable results for the third quarter of 2025. Their recent report highlights profits surpassing $10 billion, signaling a robust performance even in fluctuating markets.
Unveiling Tether’s Asset Portfolio
During Q3 2025, Tether introduced over $17 billion in new USDT, marking a significant uptick in their offerings. With this expansion, the overall circulation of USDT has now crossed the impressive threshold of $174 billion.

Financially, Tether has amassed a record $135 billion in US treasuries, both direct and indirect, establishing itself among the top holders of US government debt. This impressive figure places Tether as the 17th largest holder globally, overtaking countries like South Korea.
As reported on September 30, 2025, Tether’s reserves backing their circulating tokens stand at $181.2 billion, while liabilities are around $174.4 billion. This positions Tether with a comfortable asset surplus of approximately $6.8 billion.
Furthermore, Tether’s diverse reserves comprise $12.9 billion in gold, along with $9.9 billion in Bitcoin (BTC), together constituting around 13% of total reserves. Paolo Ardoino, Tether’s CEO, shared insights on their Q3 performance, noting:
Our stellar results reflect the unwavering trust placed in Tether, navigating even the stormy seas of the global economy.
He pointed out that both retail and institutional investors are gravitating towards USDT as the preferred choice in digital currency, reaffirming confidence in Tether’s operational model amidst market uncertainties.
Ensuring Financial Security: T3 Unit’s Impact
In line with efforts to uphold financial integrity, the T3 Financial Crime Unit (T3 FCU)—a partnership among Tether, TRON, and TRM Labs—has successfully frozen over $300 million in assets linked to criminal activity. This initiative illustrates the collaborative commitment to enhance security in the cryptocurrency space.
Notably, the United States accounted for a significant portion, freezing $83 million through 37 investigations, with additional support in nations like Spain, Germany, and Brazil.
The predominant categories of illicit activities involved trade in unauthorized goods and services (39%), alongside cases of fraud and cybercrime, including notable incidents linked to the Democratic People’s Republic of Korea (DPRK) resulting in over $19 million from the Bybit hack alone.
Ardoino underscored the importance of this initiative, stating, “Achieving this $300 million milestone showcases the tangible benefits of blockchain technology in fighting financial wrongdoing.”
He emphasized Tether’s aim to partner with over 280 law enforcement entities worldwide to monitor transactions and actively disrupt criminal undertakings.
Featured image obtained from DALL-E; chart sourced from TradingView.com.