Tether publishes its Q4 2025 attestation, reporting more than $10 billion in net profits for the quarter. The results highlight the scale and profitability of the world’s largest stablecoin issuer amid continued growth in demand for dollar-backed digital assets.
Tether reports excess reserves of $6.3 billion, reinforcing its balance sheet strength and capital buffer beyond token liabilities. The company says the reserves provide additional protection against market volatility and support confidence in the stability of its stablecoin ecosystem.
Total exposure to U.S. Treasuries exceeds $141 billion, underscoring Tether’s position as one of the largest holders of U.S. government debt among private entities. The disclosure reflects a continued shift toward highly liquid, low-risk assets as the firm scales its operations globally.
