Tether recorded a profit of 4.9 billion USD for the second quarter of 2025, bringing total profits for the first half of the year to 5.7 billion USD, reflecting a 9.6% increase compared to the previous year.
CEO Paolo Ardoino revealed intentions to develop a U.S.-specific venture, focusing on high-quality products tailored for the American market while emphasizing Tether’s significant exposure to U.S. Treasuries.
Tether holds a diverse portfolio, including reserves of 105 billion USD in U.S. Treasuries, alongside 8.9 billion USD in Bitcoin and 8.7 billion USD in precious metals.
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