Tether Reports Over $10B Profits, Plans US Stablecoin

Tether, the issuer of the world's largest stablecoin USDT, reported profits exceeding 10 billion dollars in 2025 and announced plans to deepen its presence in the United States through a new stablecoin and aggressive fundraising efforts. The company, which manages over 185 billion dollars in USDT circulation, also disclosed a 5.2 million dollar investment in startup Ark Labs to enhance stablecoin functionality on the Bitcoin network.

Operating with a workforce of around 300 employees, Tether achieved its substantial 2025 profits amid a diversified portfolio that includes more than 140 investments across energy, artificial intelligence, media, and cryptocurrency projects. The firm holds approximately 122 billion dollars in U.S. Treasuries, positioning it as one of the largest private holders of American government debt. These reserves provide significant financial stability and leverage as Tether pursues global fundraising that could value the company at 500 billion dollars.

Central to Tether's U.S. expansion is the January 2026 launch of USAT, a new stablecoin tailored for the American market. Unlike the globally oriented USDT, USAT will operate through Anchorage Digital Bank...