Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Tether Flips South Korea in US Debt Holdings

Tether Flips South Korea in US Debt Holdings

CoinspeakerCoinspeaker2025/10/28 16:00
By:By Godfrey Benjamin Editor Julia Sakovich

Tether is now the 17th largest holder of United States Treasury, surpassing South Korea and other top countries.

Key Notes

  • Stablecoin issuer Tether has outperformed South Korea and three other countries with $135 billion in US debt.
  • It is the 17th largest holder of the asset, trailing Brazil.
  • Tether recently celebrated reaching 500 million verified users.

Tether CEO Paolo Ardoino took to X to announce that his company is now the 17th-largest holder of United States debt. At this position, the issuer of the largest stablecoin, USDT, has outranked South Korea, the UAE, and Germany, and is already looking to push past Brazil.

Tether Holds $135 Billion in US Treasury

Tether is currently boasting of $135 billion in US debt. Tether first surpassed Germany way back in May this year. It’s worth mentioning that the largest holder of the US Treasury, with way more than $1.1 trillion in assets, is Japan.

With 135 billion of U.S Treasuries, Tether is now the 17th largest holder of U.S debt, passing also South Korea.
Soon Brazil! pic.twitter.com/wUDyvGcSHE

— Paolo Ardoino 🤖 (@paoloardoino) October 29, 2025

This suggests that there is notable progression in Tether’s growth curve momentum. The USDT company’s milestone reflects that a crypto-based entity has surpassed an industrial state in government bonds.

Ultimately, this milestone lends credibility to USDT as it is backed by solid, liquid, and universally recognized assets

Meanwhile, the stablecoin has recorded significant growth in its ecosystem and is already looking at bagging another historic profit figure by the end of this year.

Tether Celebrates Multiple Milestones

During an interview at the Plan B Forum in Lugano, Switzerland, Ardoino shared that Tether expects its net profits to hit nearly $15 billion in 2025. In previous years, the company has seen such huge profits.

In 2024, it posted over $13 billion in net profit, and this was more than double its $6.2 billion from 2023. Whenever it records such outstanding returns, Tether’s low costs and Treasury-backed model are highlighted as key to its margins. Up to the time of this writing, USDT still maintains a dominant share of the stablecoin market.

Recently, it celebrated the milestone of reaching 500 million verified users among other achievements. Beyond USDT, the Tether ecosystem is moving at a fast pace. Earlier this October, its gold-backed token, XAUt, officially surpassed $1 billion in market value. This feat

was driven by gold reaching an All-time High (ATH) price at the time.

next
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

TAO Halving: Will It Spark an AI-Crypto Rally or Trigger a Prolonged Correction?

- Bittensor's first TAO halving (mid-Dec 2025) cuts block rewards by 50%, aiming to reduce inflation and boost price potential through supply scarcity. - Market analysts compare this supply-driven mechanism to Bitcoin's halving pattern, noting intensified miner competition and potential bullish cycles. - While reduced liquidity and macro risks (regulation, supply chains) persist, AI sector growth (e.g., Fluence's $5.3B backlog) could amplify TAO's post-halving momentum. - The automatic halving requires no

Bitget-RWA2025/11/30 06:32
TAO Halving: Will It Spark an AI-Crypto Rally or Trigger a Prolonged Correction?

Bitcoin News Today: Bitcoin’s Evolution: Institutional Embrace Overtakes Speculative Hype

- Bitcoin's price decline to $80,000 in late 2025 exposed ETF-driven demand fragility amid $1B+ forced liquidations. - Texas Blockchain Council's $5M IBIT ETF purchase highlights institutional adoption, but self-custody rules exclude BlackRock's product from official reserves. - Macroeconomic headwinds persist with 4.5%+ 10-year yields, though Abu Dhabi's tripled IBIT holdings signal global reserve reallocation. - Market transition shows institutional prioritization of gain-locking over accumulation, with

Bitget-RWA2025/11/30 06:32
Bitcoin News Today: Bitcoin’s Evolution: Institutional Embrace Overtakes Speculative Hype

Bitcoin News Update: Tether’s Bold Moves in Gold and Bitcoin Spark Debate Over Stability and Regulatory Oversight

- Tether's increased Bitcoin and gold exposure risks USDT stability, prompting S&P to downgrade its peg rating to "weak five" in November 2025. - The firm's 116-ton gold purchase (2% of global Q3 demand) boosted gold prices 50% YTD while expanding XAU₮'s market cap to $2.1 billion. - Tether plans U.S.-exclusive USAT (100% Treasury-backed) to comply with the GENIUS Act, maintaining global gold/BTC reserves amid regulatory scrutiny. - Critics warn lack of audits and volatile asset reliance could erode trust,

Bitget-RWA2025/11/30 06:32
Bitcoin News Update: Tether’s Bold Moves in Gold and Bitcoin Spark Debate Over Stability and Regulatory Oversight

Ethereum News Today: Ethereum Faces $3,200 Test: Network Improvements Compete With Broad Market Downturn

- Ethereum (ETH) struggles near $3,200 as mixed technical signals highlight crypto market fatigue, with the 50-day EMA at $3,468 acting as key resistance. - A block gas limit increase to 60 million aims to improve scalability, but price remains anchored near $3,000 amid broader sector weakness and Bitcoin's failed 50-day EMA retest. - Elevated whale deposits and negative ETF flows signal deepening corrections, with Ethereum mirroring Bitcoin's bearish pattern and Solana's 20% TVL drop amplifying sector fra

Bitget-RWA2025/11/30 06:16
Ethereum News Today: Ethereum Faces $3,200 Test: Network Improvements Compete With Broad Market Downturn