Tether, the world’s largest stablecoin, is the most widely used dollar-linked cryptocurrency and the latest BDO audit They published it. BDO, one of the 5 largest independent auditing companies in the world, is especially FTX after the collapse USDT It publishes audit reports for and confirms that the reserves are healthy. Today, the certification report for the third quarter arrived.
Tether Reserve Report
BDO published its attestation report for the third quarter of 2025 and Tether printed USDTs It has been reconfirmed that it holds sufficient collateral for the New investors do not know that in the past, this was something that caused us to experience a decline in cryptocurrencies every year, triggered by the event we call Tether FUD. Fortunately, BDO managed to dispel the rumors.
As of the last quarter, the profit made throughout 2025 exceeded the 10 billion dollar limit. The company is making investments in various areas such as AI, Energy and P2P communications and remains solid with a reserve surplus of $6.8 billion.
The Tether announcement includes the following details;
“The third quarter of 2025 marked another milestone for Tether. Over $17 billion in new USD₮ was issued, representing one of the company’s strongest performances to date, bringing total circulating supply to over $174 billion. This growth underscores Tether’s role as the leading digital dollar, combining stability, transparency and global accessibility.”
Tether’s total direct and indirect exposure to US Treasury securities has reached an all-time high of approximately $135 billion.”

Tether is Growing
The company holds so many US bonds that it is ahead of even South Korea. If Tether were a country, it would be the 17th largest country holding US Treasury Bonds. The company’s $12.9 billion gold and $9.9 billion Bitcoin
$110,037.86 reserve is available. When we consider the reserves exceeding 183 billion dollars and the total private Group equity capital approaching 30 billion dollars, we better understand how it can seek investments with a valuation of 500-666 billion dollars. The company has been seeking investment for a while and we may see announcements on this subject soon.
Tether CEO Paolo Ardoino said;
“The third quarter 2025 results reflect continued confidence and strength in Tether, even in a globally challenging macroeconomic environment, and reinforce Tether’s ‘Stable Company’ brand.
Investors and users continue to gravitate towards USD₮ as the most reliable and liquid digital dollar, proving continued trust in the Tether model. Our company is the 17th largest holder of U.S. debt, with an all-time high exposure to U.S. Treasury securities currently at $135 billion. Tether stands as a pillar of stability in the finance and technology ecosystem. “Our consistent growth and discipline show that Tether is not only meeting global demand, but also helping to strengthen confidence in the broader digital economy.”

