Tether Hits $10 Billion Profit as US Debt Holdings Surge

Tether made $10 billion last year. The stablecoin giant's massive profit comes as the company now holds $141 billion in U.S.

The profit numbers match Tether's wild expansion in 2025, when USDT issuance jumped by $50 billion throughout the year.

Tether's $20 billion portfolio in AI and biotech didn't drive earnings this year. Instead, profits came from favorable interest rates on those massive Treasury holdings.

Market watchers question how liquid Tether's gold and Bitcoin reserves really are if crypto crashes hard. The company says it's got over $6.

In Europe, Tether runs USDT without a proper license under the Markets in Crypto-Assets rules. The company basically operates in a gray zone there. In the U.S.

So Tether launched USAT on January 30, 2026 - an onshore asset designed to satisfy U.S. regulators. The dual approach shows how Tether's trying to keep its 60.

Ardoino stressed the company's commitment to staying on top during that January briefing. He said adapting to regulatory changes is "vital for sustained growth" as governments…

That $141 billion Treasury position draws serious attention from both investors and regulators. Tether's role as a major U.S.

The numbers keep growing despite the scrutiny. Tether's reserves hit $193 billion as interest rates stayed favorable for Treasury investments.

USDT dominance across global markets remains strong, especially in regions where banking infrastructure can't handle cross-border payments efficiently.

Tether's spokesperson declined to comment on long-term strategy for Treasury holdings or potential regulatory shifts ahead.

For now, the company sits in an unusual spot - holding more U.S. debt than many small countries while operating a crypto token that Washington regulators eye with suspicion.

Tether's Treasury holdings now rival those of major financial institutions and sovereign wealth funds. JPMorgan Chase holds approximately $150 billion in U.S.

Banking regulators have started paying closer attention to non-traditional Treasury holders like Tether.