RT BSCN (@BSCNews)💰 Tether made $5.2 billion in 2025... But how?@tether doesn't charge a tax on $USDT, and it doesn't have a speculative token.But it has its own ways of generating A LOT of money.Here's what we know ↓ https://t.co/OK3m75r0CC ...

Financial Performance - Tether reported a profit of $10 billion for 2025, a decrease from $13 billion in 2024, attributed to a shift towards highly liquid, low-risk assets [1] - Total reserves reached a record high of $193 billion [1] Asset Management - In 2025, Tether increased its exposure to US treasuries, with direct holdings exceeding $122 billion [3] - The company added approximately 27 metric tons of gold to its fund exposure in the last quarter of 2025, supporting both USDT and XAUT tokens [4] Market Expansion - Tether launched a new regulated digital token, USAT, in the US market, following the implementation of the Genius Act which provides clear regulations for stablecoins [5] - The demand for USDT is growing as global demand for dollars shifts outside traditional banking systems, particularly in regions with slow or fragmented financial systems [2] Industry Trends - Major banks and companies are developing their own versions of stablecoins, backed by dollar reserves, to facilitate quick and efficient payments via blockchain technology [6]

💰 Tether made $5.2 billion in 2025... But how?@tether doesn't charge a tax on $USDT, and it doesn't have a speculative token.But it has its own ways of generating A LOT of money.Here's what we know ↓ https://t.co/OK3m75r0CCBSCN (@BSCNews):https://t.co/oInJCNlENF ...

According to Etherscan, Tether minted about 192K XAUt on Ethereum today, worth around $946 million, equivalent to about 6 metric tons of physical gold. https://t.co/8KxQY2XYVd ...

🔥 BIG: Tether’s US Treasury stash hits a record $122B as profits slide 23% year over year. https://t.co/nIYkqcl7R3 ...

Core Insights - Tether reported a net profit of $10 billion for 2025, highlighting aggressive expansion and positioning as a major holder of US government debt [1] - The profit is attributed to a $50 billion liquidity injection into the crypto ecosystem, raising total USDT circulation above $186 billion, marking the second-largest annual expansion in Tether's history [2][3] Expansion and Demand - USDT's expansion of $50 billion was driven by increasing global demand for dollars outside traditional banking systems, particularly in regions with slow or fragmented financial systems [3] - Tether's CEO emphasized that USDT has become the most widely adopted monetary social network in history due to its network effect and growth [3] Financial Position - Tether's total reserve assets reached a record $193 billion, with $141 billion exposure to US Treasuries, positioning the company among the top global creditors to the US government [4][5] - The profit was primarily a result of the "higher-for-longer" interest rate environment rather than high-risk investments in sectors like AI and biotech [4] Systemic Risk and Scrutiny - Despite significant growth, Tether faces scrutiny regarding the true liquidity of its $17.4 billion in gold and $8.4 billion in Bitcoin holdings, especially during market downturns [5][6] - The company claims to have over $6.3 billion in excess reserves, but the lack of an audit from a "Big Four" accounting firm raises concerns about transparency [5][6]

（来源：吴说） 作者：Frank @IOSG 链接：https://mp.weixin.qq.com/s/ujzqy-tLNyqaTQNZNIYKRA Circle vs Tether：2026 全面开战 2025 年 12 月 12 日，Circle 获得美国货币监理署（OCC）的有条件批准，成立国家信托银行—— 第一国家数字货币银行（First National Digital Currency Bank ）。一旦获得全面批准，这一关键里程碑将为全球顶级机构提供受托的数字资产托管服务，助力稳定币市值在三年内加速增长至 1.2 万亿美元 。凭 借这一发展势头，Circle 在 2025 年成功上市，加上 USDC 流通速度的加快，使其成为与机构投资者联系最紧密的稳定币发行商。截至目前，其估值已达 到 230 亿美元。 ▲ Source: IOSG Ventures 尽管稳定币市场领导者 Tether 仍然保持超过 130 亿美元的高盈利能力，但其母公司面临持续的商业信誉与监管压力，例如近期 S&P 把 Tether 的储备评级 从"强"下调到"弱"，尤文图斯足球俱乐部拒绝了其收购要约。11 月 29 日，中 ...

但从北京时间1月29日22:30开始，金价开始巨幅波动。1月30日晚，美国总统特朗普提名凯文·沃什（Kevin Warsh）为下任美联储主席，进一步引发金 价"跳水"。截至1月31日凌晨收盘，现货黄金约30个小时内大跌近670美元，失守4900美元/盎司。 每经记者｜兰素英 高涵 郑雨航 每经编辑｜段炼 兰素英 易启江 2026年开年，国际金价上演"狂飙"和"跳水"。 现货黄金从4320美元/盎司左右，一路冲破多个关口，最高达到5598美元/盎司，累计涨幅一度达到29%，两周涨幅达21%。 波兰央行、稳定币巨头Tether和最大黄金ETF ——SPDR Gold Shares，这三大金价推手过去一年大笔囤积黄金，合计持仓已近1780吨。 疯狂过后，黄金后市将如何走？ "鹰派"美联储新主席： 黄金40余年来最大单日跌幅的导火索 沃什具备华尔街、白宫、美联储等跨界履职经历。1995年，沃什加入摩根士丹利纽约分公司并购部门。2002年2月，沃什离开摩根士丹利，加入小布什政 府，担任总统经济政策特别助理、白宫国家经济委员会执行秘书。 2006年2月24日，沃什宣誓就任美联储理事会成员，曾是最年轻的美联储理事。 沃什担 ...

Group 1 - The international gold price experienced a dramatic fluctuation at the beginning of 2026, soaring to a peak of $5598 per ounce before plummeting by nearly $670 within 30 hours, marking the largest single-day drop since 1983 [6][7][13] - Key players driving the gold price surge included the National Bank of Poland, Tether, and SPDR Gold Shares, which collectively accumulated nearly 1780 tons of gold over the past year [7][21][30] - The nomination of Kevin Warsh as the next Federal Reserve Chairman by President Trump triggered significant market volatility, contributing to the sharp decline in gold prices [7][14][18] Group 2 - The National Bank of Poland has been a major buyer of gold, purchasing approximately 100 tons in 2025, making it the largest official gold buyer globally for the second consecutive year [21][22] - Tether has accumulated 140 tons of gold, positioning itself as a significant player in the physical gold market, with plans to continue purchasing gold to support its cryptocurrency operations [25][27][28] - SPDR Gold Shares, the largest gold ETF, held approximately 1086.53 tons of gold as of January 29, 2026, making it a crucial factor in the gold market [30][32] Group 3 - The recent volatility in gold prices is attributed to multiple risk factors, including geopolitical tensions, concerns over the dollar's credit risk, and potential policy shifts under the new Fed leadership [33][34] - Analysts predict that gold may enter a phase of "oscillation and digestion" in the short term, but could rebound quickly if new risk events arise [34] - Various financial institutions have set differing price targets for gold in 2026, with some predicting a rise to $6000 per ounce, while others forecast a lower range around $4450 to $4550 per ounce [35][36]

🚨 🚨 🚨 🚨 🚨 106,500,000 #USDT (106,328,215 USD) transferred from #Bitfinex to Tether Treasuryhttps://t.co/Hz6XhyvTlY ...