Tether’s latest quarterly report reveals a surge in profitability and strong financial health, fueled by the growing demand for its USD₮ stablecoin. As of September 30, 2025, the company generated over $10 billion in net profits for the year. This success is attributed to Tether’s robust reserves, exceeding liabilities by $6.8 billion. The report highlights a strong quarter with over $17 billion issued in new USD₮, leading to a total circulation of more than $174 billion. This growth is attributed to increasing global demand for stablecoins, particularly in developing economies where access to traditional banking remains limited. Tether now serves over 500 million users, many relying on its digital dollar for daily transactions and business needs.