Key points:
- Tether will make more than $10 billion in profits with $122 billion in US Treasury support operations.
- The USAT stablecoin launch focuses on the US market and attracting global investors.
- Tether will increase investment in crypto, AI, energy and media and strengthen US regulatory presence.
The corporation behind the popular USDT stablecoin, Tether, is expected to generate over $10 billion in revenue by 2025. The company is also expanding its focus on the US market by launching a new stablecoin, USAT, and plans to raise funds that could value the company at around $500 billion.
Tether introduced USAT in January 2026 as part of its expansion into the United States. Speaking at a conference in San Salvador, CEO Paolo Ardoino described the move as the most important of the company’s growth plans. He stated
The opening coincides with increased lobbying efforts in Washington and efforts to attract investors around the world.
The stablecoin issuer designed the new token as a US-focused alternative to its main stablecoin, USDT. The company says it is working closely with authorities to prevent misuse. In 2025, it froze about $4 billion at the request of governments. Authorities in the US blacklisted almost half of them.
Financial results and Tether investments
The more than $10 billion in profits reported by Tether comes from a workforce of about 300 people. The company has also developed a portfolio of more than 140 investments in various industries. Although specific information about all investments is not available, the company disclosed some other financial information to potential investors during the fundraising negotiations.
Meanwhile, the company has about $122 billion in U.S. Treasuries, giving it plenty of cash reserves. The company has also invested heavily in energy, artificial intelligence, media and other crypto-related projects.
CEO Ardoino described Tether as “almost a mix of Google and Blackstone,” reflecting the combination of the company’s technology operations and financial investments.
US regulatory environment and expansion
Tether faced investigations and restrictions during the previous US administration, including a ban on USDT and its subsidiary exchange, Bitfinex in New York. Allies in the US government, including Commerce Secretary Howard Lutnick, support the company’s current expansion.
The stablecoin giant has stepped up its lobbying efforts and launched a new US-focused organization. Observers sometimes call it America’s Tether.
Recent legislative efforts have allowed the US to provide more clarity on stablecoins. Finance Minister Scott Bessent noted that the need for dollar-pegged stablecoins could support government borrowing and reduce borrowing costs. The new US-based team will also make political contributions via Tether in the US.
Furthermore, USDT is widely used for trade and payments around the world. The research firm TRM Labs reported that Iran’s IRGC has processed nearly $1 billion between 2023 and 2025. Tether has said it has a zero-tolerance policy for illegal activity related to its tokens.
The company consists of profit, treasury assets and a growing investment portfolio. Ardoino described the operation of Tether as the company’s readiness to face the global financial crisis. The plan includes developing the US market, introducing new products and building strong relationships in key financial markets.
