Tether just released its quarterly attestation for Q2 2025.
Highlights as of 30th June 2025:
157.1B total issued USDt, end of Q2 2025.
162.5B total assets/reserves, end of Q2 2025.
5.47B excess reserves, on top of the 100% reserves in liquid assets that back all issued tokens, end of Q2 2025.
127B+ in US treasuries (direct + indirect exposure), end of Q2 2025.
4.9B net profits, in Q2 2025 (5.7B YTD)
13B USDt supply increase, in Q2 2025 (20B increase YTD).
USDt growth is accelerating, leading the market with a 100B delta with the second largest stablecoin.
In the upcoming quarter Tether will focus on a new venture in the U.S, to build a best-in-class product suite (stablecoins plus more), designed for the specific, already highly efficient, market.