ChainThink report, October 31, Tether Attestation released the first three quarters of 2025 financial results. As of the end of the third quarter of 2025, the company's net profit year-to-date exceeded 10 billion USD. As of September 30, 2025, Tether's global users exceeded 500 million, with 6.8 billion USD in excess reserves as a financial buffer. New USDT issued this year exceeded 17 billion USD, and the total circulating supply of USDT has exceeded 174 billion USD.

The total exposure of Tether to U.S. Treasury bonds (direct and indirect) reached a historical high of approximately 135 billion USD, making it one of the largest holders of U.S. government debt globally, ranking 17th in the country list, surpassing South Korea. In addition, Tether holds gold and Bitcoin reserves of 12.9 billion USD and 9.9 billion USD respectively, accounting for approximately 13% of total reserves. The financial report shows that the company's total liabilities amounted to 174.445 billion USD, of which 174.357 billion USD was related to issued digital tokens. As of the end of the third quarter, Tether's asset value exceeded its liabilities by 6.778 billion USD.