Key Takeaways:
- Tether earned $4.9 billion in net profit during Q2 2025.
- First half profit reached $5.7 billion, with $3.1B from core operations.
- $2.6 billion came from mark-to-market gains on Bitcoin and gold.
Tether Posts $4.9 Billion Profit in Q2 2025 Attestation Report
The leading stablecoin issuer Tether, has published a Q2 2025 attestation report in which it claimed a net profit of $4.9 billion for the quarter. This is the total net profit of $5.7 billion for the first half of 2025, thus confirming the company’s new record in its financial dominance in the digital asset space.
As per the report, $3.1 billion of this income is from recurring earnings, mainly from interest-bearing assets and operations related to its USDT reserves. The remaining $2.6 billion is coming from mark-to-market cash flow caused by the increasing value of Bitcoin and gold.
Also, Tether, remains profitable and has been able to keep its position in the market even in such a volatile macro environment. Its position as a key player in the crypto-financial infrastructure is further strengthened by this growth.
Bitcoin and Gold Gains Fuel Non-Core Earnings Surge
The Q2 numbers are a result of Tether’s new strategy of increasing the variety of its reserve assets. Most of the profit the company made during this period resulted from the increase of the value of Bitcoin and gold. By doing this, mark-to-market valuations generated $2.6 billion in non-operational profits which allowed the company to take advantage of the market momentum.
This strategic asset allocation aligns with Tether previously disclosed plans to increase its exposure to alternative reserve assets, including precious metals and digital assets, to enhance reserve quality and stability.
Tether’s recurring earnings—$3.1 billion for the first half of 2025—also highlight the strength of its underlying business model, which generates steady income from treasury holdings, repo agreements, and other low-risk investments.
Summary:
Tether’s $4.9B Q2 profit and $5.7B H1 earnings underline its financial strength, driven by a mix of recurring revenue and strategic gains from Bitcoin and gold. The stablecoin giant continues to set the pace in crypto-backed financial growth.
Also Read: SEC’s Project Crypto to Reshape US Crypto Regulations
