Tether Profits to $127 Billion in US Treasury Bills, Surpasses South Korea’s Holdings
The issuer of the stablecoin, Tether, has recently dethroned South Korea to become the 18th largest holder of US Treasury bills worldwide. This comes in light of a newly issued attestation report.
In its recent attestation report produced for the second quarter of 2025, Tether disclosed that it now manages $127 billion in US Treasury bills. This sum is comprised of $105.5 billion in the direct US Treasury exposure and indirect holdings worth $21.3 billion.
These recent developments represent a significant growth of $7 billion from the holdings reported at the end of the first quarter. On May 19, Tether had communicated that its Treasury bill portfolio had risen to the equivalent of $120 billion, which had sufficed to surpass Germany’s holdings and earn the company the 19th spot globally.
Tether’s Rapid Rise in US Treasury Holdings
As per data from the US government, Tether’s current portfolio has exceeded South Korea’s holdings valued at $124.2 billion. The company isn’t too far away from surpassing Saudi Arabia, which currently holds US Treasury bills worth $127.7 billion.
In an unprecedented fashion for a private institution in the digital currencies context, Tether now handles more US government debt than several advanced economies, including Norway, India, and Brazil. This latest accomplishment follows the company’s broader expansion in its USDt stablecoin operations.
At the beginning of the year, Tether held a total valuation of $137 billion as per data available. As it stands, the stablecoin issuer, Tether, has a market capitalization of about $163.6 billion, marking a nearly 19% growth since the year began.
USDT’s Growing Global Demand
The company has also reported the issue of $26 billion year to date in USDT, translating to a growing global demand for stablecoins backed in dollars.
With a considerable Treasury portfolio, Tether boosts market confidence in the reserve backing of USDT and establishes itself as a significant contributor to global monetary flows.
Leadership’s Take on Tether’s Performance
Tether’s CEO, Paolo Ardoino, responded to the company’s latest milestone with profound enthusiasm. He took to social media to share a celebratory meme with the caption “told you so”.
Alongside the attestation report, Ardoino expressed optimism towards the company’s performance, stating that the company’s Q2 2025 was proof that trust in Tether is driving its growth. “Trust in Tether is accelerating”, he affirmed in the statement.
Tether’s recent triumph is only but icing on the cake as far the widespread adoption of stablecoins and digital currencies goes. These developments demonstrate that the digital assets industry is gaining traction and legitimacy in the global financial system. With financial entities like Tether driving this tech revolution, the digital currencies domain has never been more promising.
