The latest data published<\/a><\/strong> in BDO\u2019s independent attestation report as of June 30 shows that the largest stablecoin issuer continues to strengthen its financial position amid rising demand for USDT.<\/p>\n\n\n\nThese results arrive during a period where high short-term interest rates in the United States continue to generate significant yields for stablecoin issuers, whose reserves are primarily concentrated in liquid government assets.<\/p>\n\n\n\n
US Treasuries Remain the Primary Revenue Driver<\/h2>\n\n\n\n
The majority of the quarterly profit stemmed from the yield on Tether\u2019s portfolio of US Treasury securities and short-term repo agreements.<\/p>\n\n\n\n
This model has become a core revenue stream for the company in recent years, as rising interest rates significantly boosted returns on short-term government instruments. Unlike traditional banks, Tether does not pay interest to USDT holders, allowing nearly all reserve yields to remain within the company.<\/p>\n\n\n\n
Consistent income from government securities remains a primary factor behind the high profitability of the world\u2019s largest stablecoin.<\/p>\n\n\n\n
Assets Surpass $187 Billion<\/h2>\n\n\n\n
By the end of June, Tether\u2019s total assets reached $187.75 billion, while total liabilities stood at $183.64 billion, consisting almost entirely of issued USDT tokens.<\/p>\n\n\n\n
This leaves a $4.11 billion excess reserve, serving as an additional capital buffer beyond what is required to cover all obligations to stablecoin holders.<\/p>\n\n\n\n
The company emphasized that this reserve is intended to increase balance sheet resilience during adverse market conditions, providing protection beyond the full collateralization of USDT.<\/p>\n\n\n\n
USDT Strengthens Market Dominance<\/h2>\n\n\n\n
The supply of USDT continued to climb through the second quarter, reaching $184.6 billion\u2014an increase of approximately $446 million compared to the end of March.<\/p>\n\n\n\n
With this growth, Tether solidifies its position as the world\u2019s leading stablecoin, commanding over 60% of the global market share.<\/p>\n\n\n\n
Rising supply indicates that demand for dollar-pegged tokens remains steady among both crypto exchanges and institutional participants, who increasingly use stablecoins for settlement and liquidity management.<\/p>\n\n\n\n
Company Increases Gold and BTC Reserves<\/h2>\n\n\n\n
Beyond traditional liquid reserves, Tether continues to diversify a portion of its balance sheet.<\/p>\n\n\n\n
During the second quarter, the company increased its physical gold reserves by 14 metric tons, bringing its total holdings to over 146 tons, valued at approximately $18.84 billion.<\/p>\n\n\n\n
In tandem, Tether purchased an additional 1,796 BTC, raising its total Bitcoin reserves to 98,933 BTC.<\/p>\n\n\n\n
While these assets represent a relatively small fraction of the total balance sheet, they remain a key part of the company\u2019s strategy to diversify away from US Treasury securities.<\/p>\n\n\n\n
Balance Sheet Risk Continues to Decline<\/h2>\n\n\n\n
While increasing its reserves, Tether also continued to reduce higher-risk exposures within its portfolio.<\/p>\n\n\n\n
In the second quarter, secured loans were cut by $2.38 billion, or approximately 15%, as part of a broader policy to limit credit risk.<\/p>\n\n\n\n
The combination of strong US Treasury earnings, growing USDT supply, and a gradual reduction in risky exposures reveals that Tether is prioritizing a more conservative balance sheet as global regulatory requirements for stablecoin issuers become increasingly strict.<\/p>\n","protected":false},"excerpt":{"rendered":"
Tether posts $1.5 billion net profit in Q2, boosting gold reserves to 146 tons and Bitcoin holdings to 98,933 BTC while maintaining a $4.11B buffer.<\/p>\n","protected":false},"author":104,"featured_media":192422,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[1],"tags":[72,424,224,71],"coin_category":[],"class_list":["post-192423","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-bitcoin","tag-crypto","tag-gold","tag-stablecoin"],"acf":[],"yoast_head":"\n
Tether Reports $1.5B Profit as USDT Dominance Grows - CryptoDnes EN<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n