On August 1, 2025, at 1:22 PM EEST, Tether, the largest issuer of stablecoins, announced a record quarterly profit of $4.9 billion. This figure resulted from the growing demand for $USDT , which consistently maintains its peg to the US dollar. According to the report, the primary income came from investments in government bonds and crypto assets, demonstrating Tether's business diversification.
The profit strengthens the financial stability of the company, which has reserves of $120 billion to cover USDT issuance. Analysts note that this could boost investor confidence in stablecoins, especially in light of the recent market volatility. Currently, $BTC is trading at $115,183, and the total market capitalization of crypto has increased by 2% over the week.
However, critics warn: a significant portion of the profit depends on market conditions, and any recession could impact stability. Tether plans to invest part of the funds in green technologies and blockchain infrastructure.
This report highlights Tether's dominance in the crypto sphere. Stay tuned for updates! Subscribe to #MiningUpdates for fresh crypto market updates.
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