Bitcoin

Tether Experts Record $15B Profit For 2025: Bloomberg

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USDT stablecoin issuer Tether expects a record profit of nearly $15 billion in 2025 as it accelerates expansion into the US.

The projected earnings, reported by Bloomberg, would represent about a $2 billion increase from 2024 and cement Tether’s position as one of the world’s most profitable companies on a per-employee basis.

The company is also preparing for its next phase of growth through the launch of a US-compliant dollar token in December via a joint venture with Anchorage Digital, and a partnership with video-sharing platform Rumble to enable Bitcoin tipping for its 51 million users.

“We’re going to hit the ground running and start taking away market share from our competitors that were the ones that tried to kill us in the first place,” said CEO Paolo Ardoino.

Tether Dominates Stablecoin Space

Tether is the issuer of USDT, the largest stablecoin with a market capitalization of $182.94 billion, according to CoinMarketCap

Top stablecoins by market capTop stablecoins by market cap

Top stablecoins by market cap (Source: CoinMarketCap)

To put USDT’s dominance into perspective, the second-largest stablecoin is Circle’s USD Coin (USDC), with a market cap of $76.33 billion. 

Earlier this year, Bloomberg reported that Tether was seeking to raise $20 billion at a $500 billion valuation. Ardoino has said that Tether is pursuing capital “from a select group of high-profile investors” as it continues to expand its business lines. 

Tether Eyes Investments To Grow USAT Token

Tether plans new investments to bring its US-focused USD stablecoin, called USAT, to 100 million users in America, Ardoino said in an interview yesterday.

The USAT token is designed specifically for the US market and to comply with the GENIUS Act’s requirements. USAT will be issued by Tether America via a joint venture between Tether and the regulated US bank Anchorage Digital.

“For the US market, you need to create a more professional and digital approach to money that can compete with PayPal and so on,”Ardoino said.

Rumble To Roll Out Bitcoin Tipping With Tether’s Help

Meanwhile, Rumble, in which Tether invested $775 million last year, has teamed up with the stablecoin issuer to enable Bitcoin tipping, according CEO Chris Pavlovski.  

“Right now, we’re in the testing phase but we’re going to start rolling that out alongside Tether here in the coming weeks,” the CEO said onstage at the Plan ₿ Forum in Lugano, Switzerland.

Ardoino said at the same event that he expects a full rollout by early to mid-December once small bugs are fixed and the UX is finished. 

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