Stablecoin-issuer Tether has turn out to be the 18th-largest holder of United States Treasurys globally, surpassing the holdings of South Korea, in accordance with a current attestation report.
On Thursday, Tether mentioned in its attestation report for the second quarter of 2025 that it holds $127 billion in US Treasury payments. The corporate mentioned it has $105.5 billion in direct US Treasury publicity and $21.3 billion held not directly.
Tether’s present holdings present a $7 billion enhance from the primary quarter. On Could 19, the stablecoin issuer reported having $120 billion in T-bills, overtaking Germany’s holdings to take the nineteenth spot.
Based on US authorities information, the corporate’s present holdings exceed South Korea, which has $124.2 billion. It’s additionally inching nearer to the subsequent nation, Saudi Arabia, which holds $127.7 billion in T-bills.
Tether’s market cap surged 19% in 2025
Tether’s present publicity implies that it holds extra US authorities debt than a number of superior economies like Norway, India and Brazil. That is an unprecedented place for a non-public firm within the digital asset house.
The rise in Tether’s US Treasury holdings comes amid a broader growth of its USDt (USDT) stablecoin operations.
CoinGecko information reveals that on Jan. 1, the stablecoin had a complete valuation of $137 billion. On the time of writing, the USDT market cap is $163.6 billion, up practically 19% year-to-date.
The information additionally reveals that $26 billion in USDT has been issued year-to-date, highlighting the rising world demand for dollar-backed stablecoins.
The large Treasury portfolio boosts market confidence in USDT’s reserve backing and positions Tether as a serious participant in world financial flows.
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Tether CEO says belief in Tether accelerated in 2025
Tether CEO Paolo Ardoino went on X to say “informed you so,” sharing a meme to have a good time the corporate’s latest milestone.
Within the attestation report, Ardoino mentioned the corporate’s efficiency within the second quarter of 2025 reveals that belief is growing. “Q2 2025 affirms what markets have been telling us all 12 months: Belief in Tether is accelerating,” he mentioned.
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