TLDR:Tether earns $4.9B in Q2 profit, fueled by core earnings and Bitcoin and gold gains.USDT supply rises by $20B year-to-date, showing surging demand for stablecoin liquidity worldwide.Tether now holds $127B in U.S. Treasuries, ranking among the top global holders of government debt.CEO Paolo Ardoino cites strong reserves and rapid adoption as proof of Tether’s market resilience.Tether’s second-quarter report is out, and the numbers are heavy. $4.9 billion in net profit. Over $20 billion in new USDT issued this year. $127 billion parked in U.S. Treasuries. These figures mark Tether’s growing dominance in crypto and traditional markets. Investors now see a stablecoin giant with unmatched reach and balance-sheet strength.Tether Profits Surge on Core Earnings and Bitcoin GainsWu Blockchain noted that Tether posted $4.9 billion in Q2 net profit, bringing its total for the first half of 2025 to $5.7 billion. Of that, $3.1 billion came from recurring earnings. The remaining $2.6 billion came from mark-to-market gains on Bitcoin and gold.Tether has released its Q2 2025 attestation report, confirming a net profit of approximately $4.9 billion for the quarter and a total of $5.7 billion in net profit for the first half of the year. Of this, $3.1 billion came from recurring earnings, while $2.6 billion resulted from…— Wu Blockchain (@WuBlockchain) July 31, 2025This mix of steady income and asset growth signals a strong cash engine. It’s not just about USDT transactions anymore. Tether has built a model that thrives in both crypto and traditional finance.Tether confirmed in its Q2 attestation that circulating USDT climbed to $157 billion, up $20 billion year-to-date. Over $13.4 billion of that was issued in Q2 alone.This growth reflects rising demand for stablecoins worldwide. From remittances to trading desks, USDT has become a core liquidity tool in more than 150 countries. As trust in the token deepens, its role in global markets keeps expanding.$127B in U.S. TreasuriesTether’s report also showed $127 billion in U.S. Treasury exposure, with $105.5 billion in direct holdings and $21.3 billion indirectly held. This is an $8 billion increase from Q1.That figure places Tether among the largest holders of U.S. government debt globally. It also highlights how stablecoins now intersect directly with traditional financial infrastructure.According to Tether’s blog, the company is channeling profits into long-term plays. It has backed XXI Capital, Rumble, and other projects aimed at financial and digital infrastructure. Roughly $4 billion has already been deployed in the U.S. market.CEO Paolo Ardoino said the second quarter reinforced trust in Tether. He pointed to strong reserves, consistent earnings, and growing global adoption as proof of its durability.With USDT issuance accelerating and profit piling up, Tether now stands at the center of the stablecoin economy. Its Q2 numbers show what happens when crypto meets institutional-scale finance. The post Tether Bags $4.9B in Q2 Profit as USDT Supply Jumps $20B appeared first on Blockonomi.