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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.
Thank you very much for the continued support ❤️