Tether, the issuer of the world's largest stablecoin USDT, has reported generating over $10 billion in profit during 2025, according to CEO Paolo Ardoino. The company now holds approximately $122 billion in U.S. Treasuries, solidifying its position as one of the most profitable entities in the cryptocurrency sector.
Speaking at a conference in San Salvador, Ardoino outlined Tether's strategic expansion. He stated that the company is preparing to play a larger role in the global financial system, particularly if traditional systems face pressure. "Digital dollars like Tether may play a bigger role if traditional systems struggle," Ardoino said, positioning stablecoins as potential replacements for weaker financial infrastructures.
A key component of this expansion is a renewed focus on the United States market. Tether has launched a new dollar-backed stablecoin called USAT, specifically designed to comply with U.S. regulations and serve American users and institutions. This move coincides with a potential shift in the U.S. regulatory landscape, as the return of Donald Trump to the White House could create a more supportive environment for crypto companies.
Concurrently, Tether is exploring a major fundraising round that could value the company at around $500 billion. This would place it among the most valuable private fintech firms globally. Ardoino emphasized that these financial resources are enabling Tether to build financial infrastructure designed to operate even during periods of global economic instability.
Beyond stablecoins, Tether is deploying its capital aggressively across multiple sectors. The company has started investing heavily in cryptocurrency infrastructure, artificial intelligence, energy, and media. Reports indicate Tether now holds stakes in more than 140 companies worldwide. With roughly 300 employees, the firm is leveraging its profits to pursue broader investments while continuing to develop its core digital payment infrastructure.
