Tether posts $4.9B profit in Q2 as stablecoins go mainstream
In the first six months of 2025, Tether has had a profit of $5.7 billion, a rise of 9.6% compared to the same period in 2024.
Tether disclosed another strong quarter as stablecoins continue to gain traction amid growing regulatory clarity in the United States. The company said it posted $4.9 billion in profit for the second quarter of 2025, a 277% increase compared with the same period a year ago.
Tether is the creator of USDt (USDT), a stablecoin pegged to the US dollar and backed by US Treasurys and cash equivalents. According to DefiLlama, USDt continues to dominate the stablecoin market, accounting for 61.7% of all stablecoin value, with a market capitalization of $164.5 billion at this writing.
According to Tether, it had $162.6 billion in assets and $157.1 billion in liabilities as of June 30, with most of the liabilities relating to token issuance.
Source: Cointelegraph →Related News
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