Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
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

Hyperliquid News Today: Practical Value or Just Buzz: The 2025 Crypto Presale Conundrum

- Digitap ($TAP) emerges as a utility-driven crypto presale with real-world banking features, deflationary economics, and 1.4B unbanked user targeting, contrasting speculative rivals like BlockDAG. - BlockDAG faces criticism for high energy costs, centralization risks, and lack of working product despite $435M raised, with mixed price forecasts and delayed mainnet launches eroding investor confidence. - Market trends favor integrated DeFi solutions like Digitap's Visa-linked omni-banking platform, while me

Bitget-RWA2025/11/03 16:04
Hyperliquid News Today: Practical Value or Just Buzz: The 2025 Crypto Presale Conundrum

Regulatory Oversight Triggers Toncoin Drop and Heightens Uncertainty in Crypto Markets

- Toncoin dropped over 5% to $2.165 as Nasdaq reprimanded TON Strategy for unapproved stock issuance to fund a $272.7M crypto purchase. - The violation, exceeding 20% of shares, triggered regulatory scrutiny and raised governance concerns for TON Strategy's public treasury strategy. - Parallel Nasdaq actions against Polestar and Global Engine Group highlight tightening rules for firms trading below $1, signaling broader market compliance risks. - Analysts warn the incident could deter institutional crypto

Bitget-RWA2025/11/03 16:04
Regulatory Oversight Triggers Toncoin Drop and Heightens Uncertainty in Crypto Markets

XRP News Today: Ripple's Ambitious "Internet of Value" Goal Fueled by $1.25 Billion Institutional Investment

- Ripple's $1.25B acquisition of Hidden Road rebrands it as Ripple Prime, integrating XRP Ledger and RLUSD into institutional finance services. - The company faces XRP supply management challenges, including a 2025 token unlock and relocking strategies to mitigate market volatility. - Regulatory developments like the Clarity Act and institutional partnerships (e.g., Evernorth) aim to position XRP as a global financial infrastructure asset. - Upcoming ETF launches and compliance-driven supply controls sugge

Bitget-RWA2025/11/03 16:04
XRP News Today: Ripple's Ambitious "Internet of Value" Goal Fueled by $1.25 Billion Institutional Investment

Ethereum News Update: October's Crypto "Hex": Leverage Drives $19 Billion in Trader Losses

- Crypto markets faced a $19.37B collapse in October 2025, triggered by Trump's 100% China tariff shock, erasing a decade of bullish trends. - A 25x leveraged ETH position lost $15M amid 20% ETH price drops and 60-80% altcoin declines, exposing leveraged trading risks. - Stablecoins saw $2.82T in transactions as traders fled volatility, while DEXs gained 23% volume growth despite ETH address declines. - ETH stabilized at $3,700 by month-end with $600M exchange outflows, as regulatory clarity on the Clarity

Bitget-RWA2025/11/03 16:04
Ethereum News Update: October's Crypto "Hex": Leverage Drives $19 Billion in Trader Losses