#ProjectCrypto Tether issued a total of 6 billion USDT units in July, increasing its total circulating supply by $20 billion since the beginning of the year.
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BlockBeats reported on August 2 that Tether issued a total of 6 billion USDT units in July of this year. This came after the release of its financial report for the second quarter of 2025. According to the report, USDT trading volume exceeded $157 billion as of June 30, 2025, an increase of $20 billion since the beginning of the year.
The financial report showed that Tether's total holdings of US Treasuries reached $127 billion, of which $105.5 billion were directly owned and $21.3 billion were indirectly owned, an increase of approximately $8 billion compared to the first quarter. The company achieved net profit of $4.9 billion in the second quarter, and total profit in the first half of 2025 amounted to approximately $5.7 billion, of which $3.1 billion was recurring revenue.