Tether’s $15B Windfall: Crypto’s New Kingpin?

Tether, that paragon of the stablecoin realm, USDT, and the second-largest tokenized gold XAUT, expects net profits near $15 billion in 2025. This projection reflects ongoing growth in the stablecoin sector, where high interest rates have boosted returns on reserves. One might say, “If only the interest rates were a bit higher, Tether could afford a yacht!” 🚢💰

According to Bloomberg, Tether CEO Paolo Ardoino shared this outlook during an interview at the Plan B Forum in Lugano, Switzerland, on Oct. 24, 2025. He noted the rarity of such profits and highlighted the company’s focus on building partnerships to expand its reach, without naming specific investors. A masterclass in ambiguity, if ever there was one. 🤷‍♂️

The forecast follows Tether’s strong performance in prior years. In 2024, the company posted over $13 billion in net profit, more than double its $6.2 billion from 2023, according to its attestations. Equity has topped $20 billion, aided by rising Bitcoin and gold values in reserves. A symphony of numbers, orchestrated by the invisible hand of finance. 🎻📈

According to Bloomberg, Tether CEO Paolo Ardoino has revealed that the company is projected to post a net profit of approximately $15 billion this year, achieving an exceptional profit margin of 99%. When discussing the types of investors Tether aims to attract, he emphasized…

– Wu Blockchain (@WuBlockchain) October 24, 2025

Analysts point to Tether’s low costs and Treasury-backed model as key to its margins. Fintech writer Jevgenijs Kazanins echoed Ardoino’s comments on X, emphasizing the exceptional scale of these earnings. “A feat so rare, it’s as if the universe itself conspired to grant Tether a golden ticket!” 🎟️✨

“This year we’re going to approach another $15 billion profit. That’s very rare,” Tether Chief Executive Officer Paolo Ardoino said, speaking in an interview on the sidelines of the Plan B Forum in Lugano, Switzerland

– Jevgenijs Kazanins (@jevgenijs) October 24, 2025

This comes as Tether explores a funding round for up to $20 billion, implying a $500 billion valuation, according to a CoinDesk report from September. Such a deal would rank it among the top private firms globally. A circus of capital, drawing crowds of eager investors. 🎪💰

Stablecoin Market Growth in 2025 and Tether’s Leadership

In context, the stablecoin market has expanded to around $316 billion in 2025, according to CoinMarketCap. Tether holds a dominant share, with recent milestones like reaching 500 million verified users, as Coinspeaker covered on Oct. 21. A digital empire, growing like a well-tended garden. 🌱📈

Top Stablecoin Tokens by Market Capitalization | Source: CoinMarketCap

Earlier reports from Coinspeaker noted Tether’s record $4.9 billion profit in Q2 2025, and its pivot to gold reserves on Sept. 5 this year. The company’s growth goes beyond the dollar-pegged stablecoin USDT, seeing increased demand for the tokenized gold solution, XAUT. A tale of two assets, both gleaming under the same spotlight. 🌟

Competitors like Circle have also minted billions in new tokens, with the stablecoin ratio hitting lows, as detailed in another piece by Coinspeaker. Broader crypto trends, including Bitcoin trading around $110,000, align with increased stablecoin use for payments and DeFi, fueling the crypto market. A dance of chaos and order, where every step is a calculated move. 🕺📉

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2025-10-24 22:26