In 2025, Tether witnessed a dip in annual profits, recording $10 billion compared to $13 billion in 2024. Despite this decline, the company saw a significant surge in its total reserves, which reached $193 billion. This indicates a strategic shift in Tether’s financial management and resource allocation over the year. The increase in reserves highlights the firm’s strengthened reserve profile as part of its ongoing expansion efforts in the stablecoin market.
Reserves Surge Reflects Strategic Asset Management
Tether’s reserves have seen a pronounced increase, with direct U.S. Treasury holdings exceeding $122 billion. This significant allocation underscores the company’s emphasis on stability and liquidity. During the fourth quarter of 2025, Tether diversified its reserve composition by adding approximately 27 metric tons of gold, highlighting a movement towards tangible asset backing. Furthermore, Tether has outlined plans to allocate 10-15% of its portfolio to gold in 2026, indicating an ongoing strategy to bolster its reserves with precious metals. This diversification within Tether’s reserve management mirrors broader market trends aimed at enhancing asset security.
The Genius Act was signed by U.S. President Donald Trump to regulate stablecoins. Under the Genius Act, USAT, a stablecoin, debuted in the U.S. market. These developments are part of the regulatory environment described in the article and are presented alongside other factual details about stablecoins. The factual record in the article also notes that USDT is backed by reserves and functions as a digital dollar.
USDT is backed by reserves and functions as a digital dollar. The reserves include holdings reported in the article such as direct U.S. Treasury holdings and additions of gold. “USDT expanded because global demand for dollars is increasingly moving outside traditional banking rails, particularly in regions where financial systems are slow, fragmented, or inaccessible.” Paolo Ardoino made that statement in the article’s record.
The article records that Tether’s 2025 profit was $10 billion, down from $13 billion in 2024, and that total reserves reached $193 billion. It also records direct U.S. Treasury holdings exceeding $122 billion and that Tether added around 27 metric tons of gold in Q4 2025.
