Tether CEO Paolo Ardoino claims that 40% of all blockchain fees are generated by USDT transactions. He emphasized that hundreds of millions of users across Ethereum, Arbitrum, BSC, Solana, Polygon, TON, Avalanche, and Tron use the world’s most popular stablecoin daily.

Tether reported a record net profit of $4.9 billion in Q2 2025, setting a new all-time high for the company. This figure surpassed the previous record of $4.52 billion, achieved in Q1 2024. These results position Tether as one of the most profitable financial entities in the global cryptocurrency market.

Google (NASDAQ: GOOGL) search data shows that interest in stablecoins has reached an all-time high this month, driven by regulatory developments, a sharp increase in issuance and supply, and the growing desire of organizations to launch their own fiat-pegged digital assets.

Crypto exchange Bybit has entered into an agreement with Tether, the issuer of the USDT stablecoin, to promote cryptocurrency adoption in Brazil.

New data shows that Tether’s pre-tax income is now comparable to the profits of giants like American Express and Morgan Stanley. The company serves over 400 million users worldwide and continues to strengthen its position as the issuer of the largest stablecoin globally.

Exchanges

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has formed a strategic partnership with Tether to accelerate cryptocurrency adoption in Brazil through institutional collaboration, event sponsorships, and educational initiatives.