Tether achieves $10 billion in revenue in Q3 and secures 500 million users

Tether announced in its Q3 2025 earnings report that its cumulative net profit for the year has exceeded $10 billion. This figure demonstrates how solid Tether’s dominance is in the stablecoin market.

Growing Operational Scale and Asset Base

Tether, the issuer of USDT, disclosed holdings of $135 billion in U.S. Treasury bonds and a reserve of $181.2 billion. These are key assets underpinning the trustworthiness of stablecoins. During the same quarter, the circulation of USDT increased by $17 billion, proving that demand in the market continues to expand.

Expansion of Global User Base

Tether announced that its cumulative number of users worldwide has surpassed 500 million. This is an indicator of how widely Tether has been adopted within the cryptocurrency ecosystem. From individual investors to institutional investors, various tiers are using USDT as a base currency.

Strategic Moves and Risk Mitigation

Earlier this year, Tether’s move to El Salvador is interpreted as an attempt to diversify geopolitical risks. At the same time, the settlement of lawsuits related to Celsius bankruptcy signals the resolution of past disputes and a move toward greater operational transparency. These actions reflect Tether’s focus on improving corporate governance amid tightening cryptocurrency regulations.

Tether’s such growth in performance proves that stablecoins have become an essential infrastructure in the cryptocurrency ecosystem.