A leading figure in the global cryptocurrency landscape, Tether, has revealed that its exposure to the United States treasuries stood at $127 billion in the second quarter of 2025 compared with about $119 held in the first quarter of this year, becoming one of the largest US debt holders.
This milestone comes at a time when US policymakers, through the GENIUS Act, have taken decisive steps to solidify the Dollar’s global leadership in digital form.
Tether’s reserves composition exemplifies how private innovation can align with public monetary goals, serving as a conduit for secure, on-chain access to US Dollar liquidity at scale.
Business Post gathered that the treasuries held by Tether comprise $105.5 billion in direct holdings and $21.3 billion owned indirectly.
In its financial figures, Tether also revealed that it issued over $13.4 billion USDT between April and June 2025, bringing the circulating supply to more than $157 billion, reflecting the growing adoption of the stablecoin and deepening the trust in Tether as the most stable, transparent, and resilient digital dollar instrument in the world.
The firm said it closed June 2025 with a net profit of about $4.9 billion, bringing the total for the first six months of the year to $5.7 billion.
Building on the strength of its equity buffer and continued profitability, Tether has reinvested a substantial portion of its recent earnings into long-term strategic initiatives.
“Q2 2025 affirms what markets have been telling us all year: trust in Tether is accelerating. With over $127 billion in US Treasury exposure, robust bitcoin and gold reserves, and over $20 billion in new USD₮ issued, we’re not just keeping pace with global demand, we’re shaping it,” the chief executive of Tether, Mr Paolo Ardoino, stated.
“As regulators formalize frameworks for digital dollars, Tether stands as a live, proven model of what stablecoin innovation can achieve: transparency, resilience, and massive global reach.
“USDT is helping billions access the stability of the US Dollar, and that mission has never been more urgent or more relevant,” Mr Ardoino added