Market share has declined, I remember it was 63% before.
Binance News
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Tether's second quarter profit increases by 277%, reaching $4.9 billion
According to Cointelegraph, Tether achieved a profit of $4.9 billion in the second quarter of 2025, a year-on-year increase of 277%. Tether is the creator of USDt (USDT), which holds 61.7% of the stablecoin market share, with a market capitalization of $164.5 billion.
As of June 30, Tether has assets of $162.6 billion and liabilities of $157.1 billion. The company expanded its investment in U.S. Treasury bonds to $127 billion this quarter, becoming the 18th largest holder.
Tether's competitors are also taking active steps. Circle went public in June 2025, with stock prices rising from $31 to $186.83. PayPal announced a stablecoin yield of 3.7%.
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee.See T&Cs.
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