[Tether's Net Profit Exceeds $10 Billion in the First Three Quarters, USDT Circulation Reaches $174 Billion]
Tether International released its Q3 2025 audit report, revealing that the company's net profit for the first three quarters exceeded $10 billion, with USD₮ circulation increasing by $17 billion this quarter, bringing the total to $174 billion. The report stated that as of September 30, the company's total reserve assets amounted to $181.2231 billion, liabilities stood at $174.4454 billion, and excess reserves reached $6.778 billion. The reserves include $12.9 billion in gold and $9.9 billion in Bitcoin, accounting for approximately 13% of total reserves. Additionally, the company holds approximately $135 billion in U.S. Treasury bonds, ranking 17th globally. Tether also used its own funds to settle litigation with Celsius and applied for a private alternative investment fund license in El Salvador.