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Home»Altcoins»The CEO of Tether said that the Stablecoin transmitter issues a “ focusing on a new business in the United States ” after giving $ 4,900,000,000 in net profit in the second quarter
Altcoins

The CEO of Tether said that the Stablecoin transmitter issues a “ focusing on a new business in the United States ” after giving $ 4,900,000,000 in net profit in the second quarter

August 2, 2025No Comments
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Tether CEO Paolo Ardoino said the company behind the main stablecoin aimed to extend its offers to the United States.

In an article on the social media platform X, Ardoino unveils the company’s plan for one of the best financial markets in the world while Stablecoin’s issuer publishes its quarterly attack for the T2 2025.

“USDT growth is accelerating, leading the market with a Delta 100B with the second largest stablecoin.

In the next quarter, Tether will focus on a new business in the United States, to build a series of best class products (Stablecoins more), designed for the specific market, already very effective. »»

According to the newly published certificate completed by the world accounting office BDO, Tether made $ 4.9 billion in net profits in the second quarter of the year. This brings the total to $ 5.7 billion for the first six months of 2025.

TETHER also becomes one of the largest holders of American debt with more than $ 127 billion in treasury bills, which includes $ 105.5 billion in direct and $ 21.3 billion dollars. Exposure to the company’s US treasury bills increased by $ 8 billion compared to the first quarter of 2025.

Tether issued USDT $ 13.4 billion during the period. The Stablecoin circulation offer now exceeds $ 157 billion, up $ 20 billion, the year up to date.

Said Ardoino,

“T2 2025 says what the markets have told us all year round: confidence in the attachment accelerates. With more than $ 127 billion in exposure to the US Treasury, robust bitcoin and gold reserves, and more than $ 20 billion in new USDTs issued, we are not only taking the pace with global demand, we feel it. “

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