Tether Issues $20B in USD₮ YTD, Becomes One of Largest U.S. Debt Holders with $127B in Treasuries, Net Profit ~$4.9B in Q2 2025 Attestation Report
Tether International, S.A. de C.V. (TI) today published its Q2 2025 attestation, completed by BDO, a top-five global independent accounting firm. The report confirms the accuracy of Tether’s Financial figures and Reserves Report (FFRR) and provides a transparent, detailed view of the assets backing USD₮ as of June 30, 2025.
Q2 2025 marked a new chapter in Tether’s global expansion, with over $13.4 billion USD₮ issued, bringing the circulating supply to more than $157 billion (a $20 billion increase year-to-date). This continued growth signals not only the accelerating adoption of USD₮ but also a deepening trust in Tether as the most stable, transparent, and resilient digital dollar instrument in the world.
Total exposure to U.S. Treasuries – including $105.5 billion in direct ho...