Tether Reports $10B+ Profit As $BEST Soars

Stablecoin giant Tether just dropped its Q3 attestation report, and the numbers are eye-popping.

Forget tech startups, Tether is now in the running as one of the world’s most profitable private companies, having racked up a year-to-date net profit exceeding $10B as at end-September 2025. That’s a massive wad of cash, largely thanks to returns on its substantial reserves.

However, the profit is just one piece of the puzzle. The issuer of the $1-pegged $USDT stablecoin has been quietly turning into a major financial heavyweight in the traditional world, too. As of September 30, Tether held approximately $135B in US Treasuries.

Think about that for a second: the crypto firm is now the 17th-largest holder of US government debt worldwide, surpassing the total holdings of a nation like South Korea. They added another $8B in Treasury exposure this quarter alone.

And of course, its primary business is booming. The circulating supply of $USDT ballooned to $174.4B with a staggering $17B in new tokens minted in Q3 alone, the highest quarterly issuance of the year. The surge in demand pushed their excess reserves, the buffer above total liabilities, to a healthy $6.78B.

So, what’s next for the company that recently relocated to El Salvador? With a global user base now over 500M and its reserves increasingly diversified into gold and Bitcoin, Tether is clearly signalling that it’s far more than just a stablecoin provider. It’s quickly becoming a financial behemoth with a geopolitical footprint.

Tired of Clunky Wallets? Enter the Best Wallet Ecosystem

With stablecoins like $USDT now backed by more US debt than entire nations, crypto wallets need to offer more than simple storage. That’s where Best Wallet is changing the game. It’s not just another wallet; it’s an all-in-one management hub built for the future of Web3.

This non-custodial, multi-currency hot wallet currently supports six blockchains. Those include Ethereum, Solana, and BNB, but the project team plans to expand to 60+ blockchains. The Best Wallet app also packs institutional-grade security with impressive user features.

Best Wallet is designed to end the annoying cycle of switching between crypto apps. It integrates everything you need: its Best DEX aggregator instantly sniffs out the best swap rates across over 330 decentralized exchanges.

Plus, it offers an Upcoming Tokens feature, which gives you early access to hot presales, helping you dodge scams and find winners.

$BEST Utility: Your Shortcut to a Web3 Advantage

The native Best Wallet Token ($BEST) is what makes this ecosystem truly powerful. Holding $BEST turns you from a regular user into a privileged participant on an elite financial platform:

• 🏆 Pay less in fees: Got a lot of swaps planned? Holding $BEST means you get discounted fees on all your trades and transactions within the wallet.
• 🏆 Be first in line: $BEST unlocks early and priority access to those exclusive Upcoming Tokens presales, giving you a serious edge on promising new projects. 
• 🏆 Earn while you hold: You can stake your $BEST to earn competitive rewards, transforming your utility tokens into a stream of passive income.
• 🏆 Future Perks: The plan is huge, including an upcoming crypto debit card (Best Card) with exclusive benefits for $BEST holders, and giving you governance rights to help steer the platform.

With a presale that’s already raised over $16.8M, people are quickly realizing that $BEST isn’t just a token, it’s the key to the next wave of digital finance infrastructure.

However, the presale’s day are numbered, with just 23 days left before it ends. In the meantime, price increases are on the cards for $BEST as it heads towards its listing price.

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