Tether May Soon Surpass Saudi Aramco, Topping Global Profit Rankings
Yahoo Finance·2025-09-30 12:34

Core Insights - Tether is on track to potentially surpass Saudi Aramco in profits, aiming to become the most profitable company in history [1] - The company has a significant global presence with over 400 million users and is experiencing rapid growth in wallet numbers [2] Financial Strength and Diversification - As of Q2 2025, Tether holds $127 billion in US Treasury bonds, ranking among the top 20 holders globally [3] - Tether is projected to earn around $13 billion this year and holds over 100,000 BTC valued at $11.4 billion [4] - If emerging markets adopt USDT, Tether could manage trillions in assets, potentially surpassing Saudi Aramco's $120 billion profit record for 2024 [3][4] Expansion and Market Impact - Tether is evaluating a major fundraising round, potentially raising $15 billion to $20 billion for a 3% stake, which could value the company at $500 billion [6] - The funds from the fundraising would accelerate Tether's strategy across multiple sectors, including AI, commodity trading, energy, and communications [6] - Tether's push back into the US market is supported by a favorable political climate towards cryptocurrencies [7] Recent Market Activity - Tether made a significant purchase of $1 billion to buy 8888.889 BTC, marking the last day of the third quarter [8]