Daniel Kuhn / The Block:

Tether says it generated over $10B in net profits in 2025, down from $13B+ in 2024, and says it holds $193B in assets backing the $186B USDT in circulation  —  Partner offers  —  Quick Take  — The stablecoin issuer now holds $193 billion in assets backing the $186 billion USDT in circulation, primarily in U.S. Treasuries.

Daniel Kuhn / The Block:

Tether says it generated over $10B in net profits in 2025, down from $13B+ in 2024, and says it holds $193B in assets backing the $186B USDT in circulation  —  Partner offers  —  Quick Take  — The stablecoin issuer now holds $193 billion in assets backing the $186 billion USDT in circulation, primarily in U.S. Treasuries.

Source: TechMeme
Source Link: http://www.techmeme.com/260130/p28#a260130p28